Mumbai, March 10 -- The Ministry of Finance, acting on a recommendation from the Directorate General of Trade Remedies (DGTR), has implemented duties ranging from USD 766-986 per metric ton (MT) for Chinese producers and USD 276/MT for Japanese producers. These duties, effective for five years starting 7 March 2025, aim to protect domestic manufacturers from material injury caused by below-normal-value imports.

Bodal Chemicals is the sole Indian producer of TCCA 90, with a 12,000 MT per year production capacity at its Khambhat, Gujarat facility.

The company is also a major global manufacturer and exporter of dyes intermediates, dyestuffs, and sulfuric acid.

On a consolidated basis, net profit of Bodal Chemicals rose 453.06% to Rs 5.42 ...