SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India initiates anti-dumping probe against cheap paper imports from 3 nations

08 Nov 2017 Evaluate

In a move to protect domestic players against cheap imports, India has initiated an anti-dumping investigation against import of a certain kind of paper from Indonesia, Thailand and Singapore following complaints from some domestic industry. The West Coast Paper Mills, Tamil Nadu Newsprint and Papers, Ballarpur Industries and JK Paper had submitted an application with the Directorate General of Anti-dumping and Allied Duties (DGAD) for initiation of anti-dumping investigation into imports of 'Uncoated Paper' from the three countries.

In a notification, DGAD said that it has found sufficient prima facie evidence of dumping of such paper from these countries. This paper is used as a photocopy or copy paper. It also said that 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 the alleged dumping and 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 covers April 2016 to June 2017 (15 months). However, for the purpose of injury investigation, the period will cover the data from 2013-2016.

Countries carry out anti-dumping probe to determine whether their domestic industries have been hurt because of a surge in cheap imports. As a counter measure, they impose duties under the multilateral regime of WTO. The duty is aimed at ensuring fair trading practises and creating a level-playing field for domestic producers vis-a- vis foreign producers and exporters. India has already imposed anti-dumping duty on several products to tackle cheap imports from countries, including China.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: