Ahmedabad: Industrial Associations must be consulted before imposing anti-dumping tasks on coloring intermediaries from other countries, associated trade and industrial space (Assocham) suggests titled “Tangguh and Sustainable Gujarat: Suggestions and inputs in the Routing Industry Return to Recovery Post Covid Second Wave “.
Said that India relied on China for importing raw materials used in the manufacture of substances between dyes and coloring, the report added that many intermediary producers have formed a cartel and insisted on imposing anti-dumping tasks on imported raw materials from other countries so they can Increase the same level of raw materials with those produced in India.
According to Assocham, this results in an increase in product prices so that the industry faces difficulties in competing in national and international markets.
“Therefore, anti-dumping assignments should not be imposed on intermediaries imported from foreign countries without consulting with their respective industrial associations,” said Assocham in the report, released by the minister’s chairman, Vijay Rupani, a few days ago.
Gujarat is a superior producer of substances between dyes and coloring.
The state accounts for almost 75% of dyes and coloring intermediaries of exported from India.
Exports of dyes from the state increased by 33% to $ 247 million (Rs 1,803 Crore) in July 2021 of $ 185 million (Rs 1,350 Crore) in the same month ago, showed data compiled by basic chemicals, the export board of the export of cosmetics & dyes (Chemexcil).