In order to protect domestic aluminium sector, the Indian government is mulling to provide duty protection for the aluminium sector which is facing dumping of cheap aluminium products from countries like China for over a year now. The Directorate General of Anti-Dumping and Allied Duties (DGAD) in its recent notification said that it has found prima facie evidence of dumping of aluminium from China.
As per the notification, “the authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry. To determine the existence, degree and effect of any alleged dumping and to recommend the amount of anti-dumping duty, which if levied would be adequate to remove the injury to the domestic industry”. The period of investigation is from April 2014 to March 2015.
India's annual aluminium consumption currently stood at 3 million tonnes and production capacity is 4 million tonne. Nearly half the consumption is met by imports, mainly from China. Aluminium imports had rose 159 per cent in 2015 as compared to 2011 levels.
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