Product description – The product under consideration is ‘polyethylene Terephthalate Film’ or Biaxially Oriented Polyethylene Terephthalate Film of 8-100 microns. PET Films for use in solar panels is excluded from the scope of product under consideration.
HS Codes – 3920 6120, 3920 6220, 3920 6290, 3920 6919 and 3921 9094
Uses – It is used as a packaging material in fast moving consumer goods and for electrical material packaging and magnetic tapes. Further, it can be used for printing and in labels, posters and other printed materials, for electrical insulations, in adhesive tapes and silicon films. It also provides a base and shine for manufacturing gold and silver yarn.
Countries Involved – Bangladesh,China, Thailand and United States of America
Applicants –
- Chiripal Poly Films Limited,
- Ester Industries Limited and
- Vacmet India Limited
Supporters –
- Akash Polyfilms Limited
- Aegios Polyfilms Private Limited
- Cosmo First Limited
- Dhunseri Poly Films Private Limited
- General Polyfilms Private Limited
- GLS Polyfilms Private Limited
- Jindal Poly Films Limited
- Saj Industries Private Limited
- SML Films Limited
- Sparsh Industries Private Limited
- Surya Global Flexifilms Private Limited
- Uflex Limited
Period of investigation – 1st April 2024 to 31st March 2025
Injury period – 2021-22, 2022-23, 2023-24 and the period of investigation
Facts of the present case – The present application was filed by the domestic producers of the like article accounting for more than 25% of total domestic production in India and along with the supporters, account for more than 90% of the total domestic production in India. The applicants have submitted that it was suffering material injury due to significant increase in the volume of subject imports in absolute and relative terms over the injury period. The prices of subject imports have declined significantly over the injury period leading to price undercutting, suppression and depression of the domestic prices. As a result, the applicant has incurred significant financial losses including cash losses, and negative return on investments. Further, the applicants have also submitted that the subject goods are threatening to cause further injury to the domestic industry in view of sharp increase in volume of imports, declining import prices, significant idle capacities available with the exporters, capacities in excess of demands, imminent capacity additions in the subject countries, global over supply situation, trade remedial measures and tariff measures imposed by other countries. The Authority, having been prima facie satisfied by the information provided, initiated the investigation vide Notification No. F. No. 6/55/2025-DGTR dated 30th September 2025.