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  Business   In Other News  04 Oct 2022  Anti-dumping probe into laser machines

Anti-dumping probe into laser machines

THE ASIAN AGE. | MADHUSUDAN SAHOO
Published : Oct 4, 2022, 10:00 am IST
Updated : Oct 4, 2022, 10:00 am IST

The move comes after receiving a complaint made by a domestic player Sahajanand Laser Technology

The applicant has alleged that dumping of the machines is impacting domestic industries.  — Representational Image/PTI
 The applicant has alleged that dumping of the machines is impacting domestic industries. — Representational Image/PTI

New Delhi: In a move to protect the domestic industry from cheap imports, especially from China, the government has initiated an anti-dumping probe into import of industrial laser machines, which are generally used for cutting, marking and wielding. The move comes after receiving a complaint made by a domestic player.

In a notification, the commerce ministry's investigation wing Directorate General of Trade Remedies (DGTR) said that a domestic firm, Sahajanand Laser Technology, has filed an application to investigate an anti-dumping case on import of industrial laser machines.

The applicant has alleged that dumping of the machines is impacting domestic industries. "On the basis of the prima facie evidence submitted by the domestic industry, substantiating dumping of the product, the authority hereby initiates an investigation," the DGTR has said.

The finance ministry takes the final decision to impose duties.

Tags: anti-dumping, cheap imports from china, import of industrial laser machines