5 Stocks to benefit as India imposes anti-dumping duty on few Chinese imported products

An anti-dumping duty is imposed to protect domestic industries from unfair competition caused by foreign companies selling products at below-market prices, often referred to as “dumping.” This practice can harm local manufacturers by undercutting their prices and market share. The duty helps ensure a level playing field for domestic producers.

What’s the News?

India imposed an anti-dumping duty on around five products that were exported to India from China at below-normal prices in March 2025. These anti-dumping duties were imposed on products like Soft Ferrite Cores, vacuum-insulated flasks, aluminum foil, Trichloro Isocyanuric Acid (acid used for water treatment), and Poly Vinyl Chloride Paste Resin that were exported to India from China at cheaper prices. 

The Central Board of Indirect Taxes and Customs, Department of Revenue, stated that the duty imposed shall be levied for five years on imports of Soft Ferrite Cores, Vacuum Insulated flasks, and Trichloro Isocyanuric Acid. 

Anti-dumping Duty Imposed

A provisional anti-dumping duty of up to $873 per tonne was imposed on aluminum foil imports for six months. The government also imposed duties ranging from $276 to $986 per tonne on water treatment chemicals imported from China and Japan. 

For soft ferrite cores, a duty of up to 35 percent was applied, while a $1,732 per tonne duty was imposed on vacuum-insulated flasks. Additionally, imports of Poly Vinyl Chloride Paste Resin from China, Korea, the Philippines, Malaysia, Norway, Taiwan, and Thailand are subject to a levy ranging from $80 to $707 per tonne for five years.

Some of the Stocks to Benefits include the following:

1. Cosmo Ferrites Limited

Cosmo Ferrites Limited is one of the largest manufacturers of Mn-Zn-based Soft Ferrite cores used in the Power Electronics Industry. It has a capacity of 3,600 tons in Ferrites Powder and 3,900 Tons in Ferrites Component. 

The company has a significant global presence in countries like Europe, the USA, the UK, New Zealand, Israel, Thailand, China, Sri Lanka, Turkey, etc. The company will benefit from the imposition of an anti-dumping duty on Soft Ferrite Core. 

2. Milton Ltd 

Milton Ltd is a leading manufacturer of high-quality kitchen and home products, known for its innovative and durable solutions. The company specializes in producing a wide range of items, including insulated flasks, water bottles, and storage containers. Milton Ltd focuses on providing practical, user-friendly products that enhance everyday living. Milton will benefit from the levy of anti-dumping duty on vacuum-insulated flasks.

Also read: HDFC, TCS & 8 other stocks in which mutual funds increased stake by up to ₹6,000 Cr in February

3. Hindalco Ltd

Hindalco Ltd, a flagship company of the Aditya Birla Group, is a global leader in aluminum and copper manufacturing. The company produces a wide range of products, including aluminum sheets, foils, and wires, serving diverse industries such as automotive, aerospace, and construction. With a strong global presence, the company continues to drive growth and leadership in the metals sector. Hindalco will be one of the beneficiaries due to the government imposing a duty on Aluminum foils.

4. Bodal Chemicals Ltd

Bodal Chemicals Ltd is a prominent manufacturer of dyes, chemicals, and textiles, serving global markets with high-quality products. The company specializes in producing reactive, direct, and vat dyes, along with a variety of specialty chemicals. The company serves various industries like Textiles, Leather, Paper, Home Care, Water Treatment, Pharma, agrochemicals, and Detergents. The company will benefit from the imposition of an anti-dumping duty on the acid used for water treatment. 

5. Chemplast Sanmar Ltd

Chemplast Sanmar Ltd is a leading manufacturer of specialty chemicals and PVC products, catering to diverse industries such as automotive, construction, and textiles. The company is known for its high-quality production of chlorochemicals, industrial solvents, and PVC resins. The manufacturing facilities are located at Mettur, Berigai, and Vedaranyam in Tamil Nadu and Karaikal in the Union Territory of Puducherry. Through the imposition of anti-dumping duty on Poly Vinyl Chloride Paste Resin, Chemplast Sanmar will be benefitted. 

Written By Adhvaitha Nayani

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