
Indian paper makers urge immediate anti-dumping duty on Indonesian virgin board after DGTR finds dumping. Losses hit ₹242 crore in FY25. MIP expires Sep 30.
The Indian Paper Manufacturers' Association has asked the government to impose anti-dumping duty on imports of virgin multi-layer paperboard from Indonesia, citing losses of ₹242 crore in FY25 from a surge in low-priced shipments. The Directorate General of Trade Remedies has already recommended the duty after an investigation covering April 2024 to March 2025, finding that domestic producers suffered material deterioration, financial losses, and negative returns on capital.
The urgency is heightened by the expiry of the Minimum Import Price on September 30, which IPMA said cannot substitute for the definitive trade remedy the DGTR has proposed. Pawan Agarwal, the association's president, said every further delay means continued injury for domestic manufacturers.
Imports from Indonesia jumped from 296 tonnes in FY22 to 62,935 tonnes in FY25, according to the association's representation to the finance minister. Over the same period, CIF import prices fell 25%. The DGTR found that the imports were priced significantly below the selling price and even the cost of sales of Indian producers, forcing them to cut prices and sell at a loss to stay competitive.
India's six domestic producers have a combined capacity of more than 17 lakh tonnes, enough to meet current and potential demand, IPMA said. The industry has added fresh capacity in recent years. Agarwal said anti-dumping duty is a WTO-compliant remedy to ensure fair competition, not a restriction on legitimate imports. Timely implementation, he said, would protect existing investments and encourage further capacity creation.
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