India has initiated a probe into alleged dumping of a chemical, used in different industries including plastic and construction, by European Union and Mexico following complaints by domestic players. The Commerce Ministry's designated authority, the Directorate General of Anti-Dumping and Allied Duties (DGAD), has begun an investigation into alleged dumping of Polyvinyl Chloride (PVC) Suspension Grade Resin.
The DGAD, in a notification, said it has sufficient evidence of dumping of the product from European Union and Mexico to initiate an anti-dumping investigation. After completion of the probe, the Commerce Ministry, if needed, would recommend the duty and the Finance Ministry would impose it.