India initiates anti-dumping probe against acid from China, Korea
Image Credit: AFP
India has initiated an anti-dumping probe against 'Ursodeoxvcholic Acid', used in the medical field, imported from China and Korea following a complaint by a domestic player. The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) has started the probe into alleged dumping of this acid, which is used as medical therapy in gallstone disease (cholelithiasis) and for biliary sludge.