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India has started a countervailing duty investigation against imports of Chinese PVC resins, widely used across sectors, including the production of pipes, fittings, bottles, cables and other plastic goods. The move comes after an application was jointly filed by Chemplast Cuddalore Vinyls, DCM Shriram and DCW. 

The applicants have alleged that China is subsidising its PVC Suspension Resin makers and those companies are dumping the goods into Indian markets at cheaper prices, which is impacting domestic manufacturers. 

The Directorate General of Trade Remedies (DGTR) in a notification has said that on the basis of the duly substantiated application by the domestic industry, and having satisfied itself, on the basis of the prima facie evidence submitted by the applicants substantiating the existence of subsidization and consequent injury to the domestic industry, the authority hereby initiates an anti-subsidy investigation. The DGTR will examine the existence, degree, and effect of the alleged subsidisation and recommend the amount of countervailing duty, which, if levied, would be adequate to remove the injury to the domestic industry