NEWS DETAILS

Date: 09/04/2025

Govt forms import monitoring group to check dumping
 
An import monitoring group has been set up in the Ministry of Commerce to track any possible spurt in inflows of goods into India as many countries, including China, aggressively seek alternative markets after Trump’s tariffs reduce access to US markets. The group will have officials from the Departments of Commerce, Revenue and the Promotion of Industry and Internal Trade. It will also be roping in line ministries dealing with products where import surge is seen, as well as industry associations for inputs. The products where immediate surge is seen are consumer goods, and later intermediate goods and raw materials may also try to seek markets in India. Special focus will be on China and some other countries in the Asia-Pacific like Vietnam, Thailand and South Korea with whom Indian supply chains are more closely integrated, as per a report.
 
Source: Exim News Service: New Delhi, April 8