The Indian government has imposed an anti-dumping duty policy which will be affecting chemical products used for toys manufacturing and adhesives with anti-dumping values of as much as US$608.57 per tonne.
The radical step was taken in a combat to safeguard the local industry against cheap imports from seven countries, Japan, Korea, Malaysia, Russia,Taiwan, China and Thailand claimed the Indian Government.
Anti-dumping is seen to protect the local producers which is an endorsed tool by WTO (World Trade Organization). India has seen an increased to 19,020 tonnes in 2008-09 from 3,636 tonnes in 2005-06 from the effected seven nations.
The radical step was taken in a combat to safeguard the local industry against cheap imports from seven countries, Japan, Korea, Malaysia, Russia,Taiwan, China and Thailand claimed the Indian Government.
Anti-dumping is seen to protect the local producers which is an endorsed tool by WTO (World Trade Organization). India has seen an increased to 19,020 tonnes in 2008-09 from 3,636 tonnes in 2005-06 from the effected seven nations.
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