Government may impose anti-dumping duty of up to $3.12 a piece on Chinese USB Flash Drives (pen drives) to protect domestic players from below-cost shipments from China.
In its final findings, the Directorate General of Anti- dumping and Allied Duties (DGAD) has said the product has been exported from that country into the Indian market at prices less than their normal values. The application for the investigation was filed by Storage Media Products Manufacturers & Marketers Welfare Association on behalf of the domestic producers represented by Moser Baer India ltd.The recommended anti-dumping duty are - $ 3.06 per piece and $3.12 per piece.