India has initiated a countervailing duty investigation against imports of Chinese PVC resins, used in multiple sectors including pipes, bottles, and cables, following complaints by domestic players. The investigation the DGTR follows an application filed by Chemplast Cuddalore Vinyls, DCM Shriram and DCW Ltd. The applicants have alleged that China is subsidising its PVC Suspension Resin makers and those companies are dumping the goods into Indian markets at cheaper prices, which is impacting domestic manufacturers. The Directorate General of Trade Remedies (DGTR) is an arm of the commerce ministry. "On the basis of the duly substantiated application by the domestic industry, and having satisfied itself, on the basis of the prima facie evidence submitted by the applicants substantiating the existence of subsidization and consequent injury to the domestic industry, the authority hereby initiates an anti-subsidy investigation," the DGTR has said in a notification. The directorate wi