New Delhi, June 22 -- India has imposed an anti-dumping duty on imports of the herbicide Pretilachlor and its related forms from China. The Finance Ministry, through a notification, stated that the duty will remain in effect for five years, media reports said.

The move follows findings that Pretilachlor has been exported to India at prices below its normal value, leading to undercutting of domestic market prices and causing injury to the local industry.

The landed cost of the imported herbicide was found to be lower than the selling price of Indian manufacturers, prompting concerns of dumping.

The Finance Ministry also released the names of five Chinese companies subject to the duty, including Anhui Futian Agrochemical, Inner Mongolia ...