Timely Anti-Dumping Duties Can Save Rs 28,540 Crore Annually In Forex: Report
New Delhi, May 27 -- A new report has found that swift implementation of pending trade remedy measures could significantly protect India's domestic manufacturing, preserve jobs, and reduce dependence on cheap foreign imports.
The Centre for Development and Economic Policy Research (C-DEP) and the Centre for WTO Studies (CWS) released the joint report titled 'Impact of Anti-Dumping Duties in India' at a roundtable attended by industry leaders from chemicals, polymers, textiles and other manufacturing sectors.
The report estimates that enforcing all pending anti-dumping duty recommendations by the Directorate General of Trade Remedies (DGTR) could yield approximately Rs 28,540 crore (USD 3 billion) in annual foreign exchange savings and h...
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