India imposes 5-year anti-dumping duties on Chinese aluminium foil imports as domestic producers push for market resilience

The Indian government has taken a bold step by implementing five-year anti-dumping duties on aluminium foil from Russia, China and Taiwan. The duties are imposed under the finding of unfair trade practices that are poised to hurt the domestic industries, following the Indian aluminium extrusion industry’s demand to implement safeguard measures to protect the underutilised domestic units from potential overdumping by Free Trade Agreement countries. With the anti-dumping duties for the next five years, where is the Indian aluminium foil industry heading?

Image source: iasgyan.in
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