Deals20 Jun 2025, 12:39 pm
India Pesticides Ltd. Benefits from Anti-Dumping Duty on Imports from China
AI Summary
India Pesticides Ltd. has announced its benefit from the imposition of an anti-dumping duty on imports of Pretilachlor and its intermediate - 2, 6-Diethyl-n-(2-propoxy ethyl) Aniline (PEDA) from China. The Ministry of Finance has levied this duty for a period of five years, starting from the date of publication of the notification in the Official Gazette. This initiative by the Government of India aims to encourage the Make in India efforts, fulfill the Atma Nirbhar Bharat vision, and strengthen domestic manufacturers like India Pesticides Ltd. in restoring fair competition.
Key Highlights
- India Pesticides Ltd. to benefit from the anti-dumping duty on imports from China.
- Ministry of Finance imposes anti-dumping duty on Pretilachlor and its intermediate PEDA from China for five years.
- This initiative supports Make in India, Atma Nirbhar Bharat vision, and fair competition.
- Government's move to protect domestic manufacturers like India Pesticides Ltd.
- Duty aims to encourage domestic production and maintain fair trade practices.