India Eyes 5 More Years of Protection for Aluminium Foil Makers
What Happened
The Directorate General of Trade Remedies (DGTR) has recommended extending anti-dumping duties for another five years on aluminium foil imports (80 microns and below) from China, Thailand, Malaysia, and Indonesia. The trade watchdog found that low-priced imports continue to hurt domestic manufacturers' profitability and warned that imports could surge further if the duties expire. The final decision will be taken by the Finance Ministry.
Key Takeaways
The recommendation aims to protect Indian aluminium foil producers from unfairly cheap imports and maintain a level playing field. DGTR concluded that removing the duties could lead to renewed dumping and financial injury to domestic manufacturers, particularly given excess production capacity in exporting countries.