New Delhi: The Directorate Trade Directorate of India has recommended the use of a two-year protection measures on the main ingredients used in making hand sanitis and cosmetics to check import if they pass the specified level – marking quantitatively has been proposed.
In its recommendation to the government, the Director General of Trade Remedies (DGTR) noted that there had been a surge in import, which underestimated domestic prices.
“The domestic industry has suffered serious injuries, as determined by significant setbacks in its overall performance, in connection with parameters such as market share, production, sales, capacity utilization, and profitability, which sharply decreased in the latest period,” it said, added that The increase was due to an unexpected situation.
While acknowledging a partial rise driven by demand for sanitis sanitis during Covid, DGTR said that the act of proposed against isopropyl alcohol can be held by the government if the pandemic flared up.