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VIKRAM VARAL
EXIM TRADE IN COMMOD... • 2m
India: Central Govt imposes Anti-Dumping Duty on Aluminium Foil Imports from China 🔹 What Happened? The Government of India imposed definitive anti-dumping duty (ADD) on aluminium foil (≤80 microns thick) imported from China. 📈 Implications 🏭 For Indian Aluminium Foil Industry Boost in competitiveness: Protection from underpriced imports. Capacity growth likely: May lead to increased domestic investment and innovation. Potential for long-term supply stability and improved product standards. 🍲 For Food and Packaging Industries 1. Cost pressures: Rise in aluminium foil prices due to added import duties. Likely increase in costs for packaged foods, tea bags, spice pouches, etc. 2. Impact on SMEs: Smaller packaging firms may face profit margin erosion. Potential downstream price hikes for consumers. 3. Sourcing adjustments: Companies might need to shift to local suppliers, which could initially lead to supply and quality mismatches for specialized foil grades.
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