India Launches Anti-Dumping Probe into Glass Fibre Imports
India has taken a strong stance against the import of glass fibre from China, Thailand, and Bahrain by initiating an anti-dumping probe. This move comes in response to a complaint filed by a domestic player in the industry.
The commerce ministry’s investigation arm is currently looking into the alleged dumping of glass fibres and related articles originating from these countries. The purpose of this probe is to safeguard the domestic industry from the influx of cheap imports.
Glass fibre, also known as fibre glass, is a reinforced plastic material known for its strength, lightweight nature, flexibility, and ability to be molded into various complex shapes. It finds extensive use in both industrial and domestic applications.
The application for the anti-dumping investigation was filed by Owens-Corning (India), highlighting the need to address the issue of unfair trade practices in the glass fibre market.
This proactive step taken by India demonstrates a commitment to protecting its domestic industry and ensuring fair competition in the global market. The results of the investigation will undoubtedly have a significant impact on the future of glass fibre imports in the country.
