India initiates anti-dumping probe into import of Chinese laser machines ...Middle East

Economy by : (Business Standard) -
India has initiated an anti-dumping probe into import of industrial laser machines used for cutting, marking and wielding, from China following a complaint by a domestic player. The duty is aimed at protecting the domestic industry from cheap imports. The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of the machine originating in or exported from China. Sahajanand Laser Technology has filed an application to initiate the anti-dumping investigation. The applicant has alleged that dumping of the machines is impacting domestic industries. "On the basis of the duly substantiated application by and on behalf of the domestic indus

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