The FMI Limited Company in Ludhiana, India, as plaintiff, has lodged a complaint to the DGAD, asking it to conduct an anti-dumping investigation on measuring tapes coded HS 9017; 9017.80 and 9017.90 imported into the country from April 1, 2014 to March 31, 2015 period and review the company’s losses from January 1, 2011 to March 31, 2015.
According to initial statistics from the International Trade Centre (ITC), Vietnam exported around 4.7 million units of measuring tapes coded 9017.80 and 3 tonnes of measuring tapes coded 9017.90 to India in 2014.
The country earned around US$1 million, ranking second in quantity among exporters of the product to India.
DGAD preliminarily concluded that it has proof of anti-dumping which caused losses to the Indian industry.
The Vietnam Competition Authority (VCA) under the Industry and Trade Ministry said that Vietnamese exporters will have 40 days as from July 27, 2015 - the day DGAD launched anti-dumping investigations to give their answers and comments.