Cambria, the American company which had filed an Anti dumping duty petition for Chinese Quartz imports in US has filed a similar petition now for India and Turkey as well.
If this petition is successful, it would be a big set back for Indian exporters, Pokarna is majorly impacted because 97% of its revenue is from USA.
The list of Indian exporters which can get affected by this petition includes following companies.
- Pokarna
- Acrysil
- Madhav Granites
- Divyashakti marbles
The theme which was so far working in favor of Indian exporters is now potentially working against it!
Disc.
Invested in all 4 companies mentioned 