Malaysian calculators threaten domestic industry

New Delhi: India has initiated a probe into alleged dumping of electronic calculators from Malaysia following a complaint from the domestic industry.

The Commerce Ministry's investigation arm Directorate General of Trade Remedies (DGTR) has found sufficient evidence of dumping of the product from Malaysia and injury to the domestic industry to start the probe.

"The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry to determine the existence, degree and effect of alleged dumping and to recommend the amount of anti-dumping duty, which if levied, would be adequate to remove the injury to the domestic industry," the DGTR said in a notification.

While DGTR recommends the duty, the finance ministry will take the final call to impose the same.

The anti-dumping duty, if imposed, would help guard domestic players against cheap imports of the product.