To make India atmanirbhar, strengthen anti-dumping laws


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How atmanirbhar, or self-reliant, is Indian industry? The question has assumed significance since much of the domestic industry has in recent years been complaining of being catastrophically bled by the ever-growing dumping of products by foreign countries, particularly China. The dumping, often at prices less than even the prevailing rates at the country of origin of the products, has robbed Indian manufacturers of a level-playing field. Foreign products — that are cheaper and most likely of inferior quality — are flooding the Indian market. Consequently, many Indian manufacturers are struggling to stay afloat despite being competitive. Some, in fact, have...