The Directorate General of Trade Remedies (DGTR) has proposed an anti-dumping duty on imports of textured tempered glass (TTG), commonly used in solar panels, from China and Vietnam.
This duty, recommended at the lesser of the dumping margin or injury margin, aims to protect the domestic industry from harm due to underpriced imports. The final decision will be made by the Ministry of Finance following a 30-day feedback period and subsequent oral hearings.
The DGTR’s investigation, prompted by a complaint from M/S Borosil Renewables, which controls 72% of India’s TTG production, revealed that 98% of TTG imports between February and November 2024 originated from China and Vietnam, both of which showed positive dumping margins.
The domestic industry also urged the DGTR to recognize China as a non-market economy, calculating the normal value of Chinese imports based on Borosil’s production costs. For Vietnam, the industry recommended using international raw material prices, especially from China, to establish TTG’s value.
The DGTR has issued Exporter and Importer Questionnaires to multiple companies in both countries and India, involving key players such as Mundra Solar, Waaree Energies, Vikram Solar, and Tata Power Solar. The recommendation seeks to address the significant dumping margins observed, which exceed the de minimis threshold necessary for imposing anti-dumping duties.