New Delhi - India has initiated a countervailing duty probe into increased imports of a chemical – Calcium Carbonate Filler Masterbatch – used in the plastic industry, from Vietnam following a complaint from domestic players.
The move is aimed at guarding domestic manufacturers from the increase in imports that are subsidised by Vietnam.
The investigation has been initiated by the Directorate General of Trade Remedies (DGTR), an arm of the commerce ministry.
Compounds and Masterbatch Manufacturers Association of India and Masterbatch Manufacturers Association have filed a petition before the directorate on behalf of the . . .
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