The Ministry of Commerce of the People's Republic of China (MOFCOM) investigated the anti-monopoly and related duties of the General Directorate on March 24, local time, and said that it is terminating its anti-dumping investigation on solar cells imported from China, Malaysia and Taiwan.
DGAD also added that the Indian Solar Manufacturers Association has asked to terminate the current investigation.
The investigation was initiated on July 21 last year by the Directorate of Antimonopoly and Related Responsibility (DGAD) and investigated the complaints of the Indian Solar Manufacturers Association regarding dumping of products.
DGAD said in a notice, 'The authorities have to terminate the current anti-dumping investigations on imported 'solar cells', whether these solar cells are partially or completely assembled on modules or panels, or on glass or other suitable substrates. '
The domestic industry has put forward certain reasons for demanding the termination of the investigation. They said that after the start-up, the damage suffered by domestic producers due to dumping increased sharply. In addition, industry sources stated that recent imports of batteries from these countries have increased significantly.
The investigation period covers April 2016 to June 2017 (15 months).
However, DGAD stated that 'the reasons for the termination request filed by the domestic industry have no value'. However, once the domestic industry submits a written request to terminate the investigation, the anti-dumping rule 14(a) will not be granted to DGAD if the investigation is terminated. Any discretionary power. Imposing anti-dumping duties is to prevent cheap imported products below cost and provide a fair competitive environment for local industries.
Increasing imports and dumping of goods from China has been an area of concern for Indian companies. India exported only 10.2 billion U.S. dollars to China in 2016-17, but imports totaled 61.3 billion U.S. dollars.
DGAD is also investigating the dumping of several other products, such as certain chemicals and steel products from China and other countries. Due to the large middle class population, India is one of the most attractive markets for global producers.
