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India initiates anti-dumping probe into import of Chinese lift guide rails

By Economic Times - 4 months ago
India has launched an anti-dumping probe into Chinese lift guide rails. The move comes after a complaint from a domestic company, and aims to safeguard local industry from low-cost imports. The investigation, led by the Directorate General of Trade Remedies, targets 'T-Shaped Elevator/Lift Guide Rails and Counterweight Guide Rails.' If proven, anti-dumping duties may be imposed by the finance ministry to protect domestic players in accordance with WTO regulations.

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