Explorer

Election Results 2024

(Source: ECI/ABP News/ABP Majha)

Govt Begins Anti-Dumping Probe Against Imports Of Optical Fibre From China, Indonesia, Korea

Birla Furukawa Fibre Optics has filed an application on behalf of the domestic industry for the initiation of an anti-dumping probe

New Delhi: An anti-dumping investigation has been started by India against imports of a certain type of optical fibre from China, Indonesia, and South Korea following a complaint by a domestic player, the PTI reported on Monday.

The anti-dumping duty is aimed at protecting domestic or local industries from cheap imports.

Birla Furukawa Fibre Optics has filed an application on behalf of the domestic industry for the initiation of an anti-dumping probe.

Directorate General of Trade Remedies (DGTR), an arm of the commerce ministry, is probing the alleged dumping of 'Dispersion Unshifted Single-mode Optical Fibre' originating in or exported from these three countries.

According to the report, the product is used for making different kinds of cables, including optical fibre, tight buffer cables, armoured, and un-armoured cables.

Single-mode optical fibre is mainly applied to high-data-rate, long distance and access network transportation.

In a notification, the DGTR has said that the applicant has alleged that material injury is being caused to the domestic industry because of the dumped imports from these three countries.

The directorate said, “On the basis of the duly substantiated written application by the domestic industry, and having satisfied itself, on the basis of the prima facie evidence submitted by the domestic industry about the dumping...the authority hereby initiates an investigation".

The DGTR would recommend the imposition of anti-dumping duty on these imports if is established that the dumping has caused material injury to the domestic players. However, the finance ministry takes the final call to impose the duties on these nations.

Anti-dumping inquiries have started by countries to safeguard and determine whether their local industries have been hurt due to rise in cheap imports.

As a countermeasure, the countries impose these duties under the multilateral regime of the Geneva-based World Trade Organisation (WTO). The duty seeks to ensure fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters.

India in the past had already imposed anti-dumping duty for several products to tackle cheap imports from various nations, including China.

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

UP Bypoll Results 2024: Big Boost To Yogi Adityanath As NDA Bags 7 Seats; SP Wins Karhal, Shishamau
Big Boost To Yogi Adityanath As NDA Bags 7 Seats In UP Bypoll; SP Wins Karhal, Shishamau
Congress, Allies Draw A Blank In Northeast Bypolls As BJP-Led NEDA Scores Big
Congress, Allies Draw A Blank In Northeast Bypolls As BJP-Led NEDA Scores Big
'Diabetes Is A Ticking Time Bomb For India': Zerodha's Nithin Kamath Warns Against The Disease
'Diabetes Is A Ticking Time Bomb For India': Zerodha's Nithin Kamath Warns Against The Disease
Angry Customer Smashes Ola Scooter With Hammer Outside Showroom After Receiving Rs 90,000 Bill - WATCH
Angry Customer Smashes Ola Scooter With Hammer Outside Showroom After Receiving Rs 90,000 Bill - WATCH
Advertisement
ABP Premium

Videos

Assembly Election Results: Mahayuti's meeting after victory | Eknath Shinde | Devendra Fadnavis | ABPUP Bypoll Results 2024: Listen to Rajkumar Bhati on SP's crushing defeat in UP by-elections | BreakingJharkhand Election Results: After bumper victory, Hemant Soren said- 'Thank You PM Modi'Assembly Election Results: MVA's poor performance, Uddhav's party limited to 21 seats, Sharad's NCP on 10

Photo Gallery

Embed widget