Search Result for : Imports From China

DGAD recommends anti-dumping duty on amoxycillin imports from China

The Dollar Business Bureau  Directorate of Anti-Dumping & Allied Duties (DGAD) has recommended imposition of anti-dumping duty on the imports of amoxycillin from China PR in order to remove the impact of injury caused to domestic industry due to cheap imports. Amoxycillin, also known as Amoxicillin Trihydrate, is a semisynthetic antibiotic, an analog of ampicillin, with a broad spectrum of bactericidal activity against many Gram-positive and Gram-negative microorganisms and is used to reduce the development of drug-resistant bacteria. The DGAD has found sufficient evidence of dumping of amoxycillin from China and recommended imposition of anti-dumping duty equal to the lesser of the margin of dumping and margin of injury so determined, so as to remove the injurious effects of the dumped imports on the domestic industry. “After examining ...

Demand for Chinese goods to decline by 45%: CAIT

The Dollar Business Bureau Demand for China-made goods has gone down by 45% this Diwali, with many retailers abstaining from keeping stock following the boycott call in the country, The Confederation of All India Traders said in a statement on Wednesday. The decline is expected in the aftermath of several social media campaigns and several others awareness programmes that emphasised on abandoning goods made in China. "Boycott Chinese goods on Diwali festival campaign on social media has greatly impacted sale of Chinese goods this Diwali festive season as there is about 45% decline in demand by retailers from wholesalers this year," Confederation of All India Traders (CAIT) said. CAIT National President B C Bhartia and Secretary General Praveen Khandelwal said these campaigns have resulted ...

India imports around 70% solar equipment from China

Sharath Chowdary India has imported 161 million solar panels worth around Rs.5000 crore from other countries of the world while more than 100 million solar panels have come from China alone last year. Over 70% of the solar equipment in India has been imported from China, US and Taiwan, Premier Solar Systems Chairman Surender Pal Singh told The Dollar Business Bureau. He is also the Chairman of Solar Energy Equipment Manufacturers' Association of Telangana (SEEMAT). He spoke to media after announcing UBM India’s 10th edition of Renewable Energy India Expo (REI) during September 7-9, 2016 at the India Expo Center in Greater Noida. Earlier, there was no enough capacity to produce solar equipment required for the developers in India. So, the government was not levying any anti-dumping ...

Parliamentary consultative committee reviews trade performance

Source: PIB, Government of India Parliamentary Consultative Committee (attached to the Ministry of Commerce & Industry) held its meeting at Goa on Friday and reviewed India’s trade performance during the current financial year. The meeting was chaired by Commerce Minister Nirmala Sitharaman and was attended by Dinesh Trivedi, MP(Lok Sabha), Jyoti Dhurve, MP(Lok Sabha) and Ajay Sancheti, MP(Rajya Sabha). Director General, Foreign Trade (DGFT) Anup Wadhawan apprised the committee of the India’s trade performance in the current financial year. DGFT also gave a detailed presentation highlighting the important provisions of Foreign Trade Policy 2015-2020. He gave a summary of the export performance during the period April-September, 2015. He informed that Exports during this period have decreased by 17.6 %. Imports decreased by 14.2 % Trade ...