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India's fertilizer imports are estimated to jump 41 per cent to 22.3 million tonnes in the 2025-26 fiscal year due to a surge in domestic demand following good monsoon rains, the Fertilizer Association of India (FAI) said on Tuesday. The world's second-largest fertilizer consumer has imported 14.45 million tonnes during April-October, up nearly 69 per cent from 8.56 million tonnes a year earlier, the industry body said. "There has been an increase in imports of fertilizers because of a sudden spurt in domestic demand because of good rains," FAI Chairman S Shankarsubramanian told reporters ahead of the association's three-day annual seminar. Fertilizer stocks stood at 10.2 million tonnes by end-November versus 9.97 million tonnes a year earlier, including 5 million tonnes of urea, 1.7 million tonnes of DAP and 3.5 million tonnes of NPK fertilizers, he said. Shankarsubramanian, who is also managing director of Coromandel International, said India has contracted large volumes in the l
India has initiated a probe against alleged dumping of polyester textured yarn by Chinese companies into the country, following complaints by two domestic players including Reliance industries Ltd, according to a notification. The Directorate General of Trade Remedies (DGTR) said that Reliance and Wellknown Polyester in their applications have claimed that the cheap import of these yarns from China have caused material injury to the domestic industry and accordingly have requested the government to impose antidumping duty. On the basis of the duly substantiated written applications submitted by the applicants, and having reached satisfaction based on the prima facie evidence submitted by the applicants concerning the dumping of the products, "the Authority, hereby, initiates an anti-dumping" investigations, the DGTR has said. If it is established that these dumplings have caused material injury to domestic players, the DGTR would recommend the imposition of anti-dumping duty on thes
Indian paper industry has raised concern over the potential surge in paper imports following the recent GST reforms, warning that the move could erode domestic competitiveness and undermine the government's flagship Make in India' initiative. Indian Paper Manufacturers Association (IPMA) President Pawan Agarwal, in a statement, said that with the recent GST changes, India risks becoming a further dumping ground for cheaper paper from abroad. While domestic manufacturers are being burdened with higher input costs, imported paper used for exercise books and notebooks will now enter the country completely tax-free. This will distort market dynamics and deal a blow to Indian producers, Agarwal said. Paper imports into India have already doubled in the last four years, growing at a CAGR of over 17 per cent in volume terms one of the steepest among major commodities, according to the IPMA. Citing the Commerce Department data, IPMA stated that imports of paper and paperboard rose from 1.