Home / Knowledge / News / Despite protectionist measures, imports soar in 2008-09
Despite protectionist measures, imports soar in 2008-09
14
May '09
In spite of initiating the highest number of anti-dumping measures in the later part of fiscal 2008-09, the country was not able to control its imports that grew at a faster pace. There was a 14 percent increase in imports during the fiscal and also a period in which the worst recessionary trends began.

This makes India to be among the most liberal countries for inward trade from amongst all countries, who have recorded negative growth in imports in the same period. Though India initiated the highest number of anti dumping measures in the world, more so in the second half of the previous fiscal (2008-09), its imports in the last fiscal year were very high.

Between July and December 2008, India initiated the highest number of anti-dumping investigations at 42 followed by Brazil and China. The trade deficit for the country rose to US $119 billion for previous fiscal, the period in which imports went up to $287.75 billion against exports of $168 billion.

There was an increase in anti-dumping investigations, more particularly after the month of October, when countries like China were in search of an alternative market because of the decreasing demands from the US and European markets.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search