Indian Paper Manufacturers Association (IPMA) has urged the government to immediately impose anti-dumping duty on imports of Virgin Multi-Layer Paperboard from Indonesia, citing losses of Rs 242 crore suffered by domestic manufacturers due to low-priced imports.
The IPMA said that the Directorate General of Trade Remedies (DGTR) has already established dumping and recommended remedial duties following a detailed investigation. The association stressed that the the urgency has increased with the Minimum Import Price (MIP), imposed as an interim measure against low-priced imports, set to expire on September 30, 2026.
According to IPMA, the MIP cannot replace the definitive trade-remedial measures recommended by the DGTR. It said the DGTR found that the surge in imports had caused material deterioration in the domestic industry, resulting in financial losses and a negative return on capital employed.
The IPMA stated that imports of Virgin Multi-Layer Paperboard from Indonesia rose sharply from just 296 tonnes in FY2021-22 to 62,935 tonnes in FY2024-25. During the same period, CIF import prices fell by 25 per cent. DGTR found that these imports were priced materially below the selling price and even the cost of sales of the Indian industry, forcing domestic manufacturers to reduce prices and sell at losses to compete.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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The Alchemists Ark Pvt. Ltd. |
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Non-Individual |
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1187 |
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