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ACE and Escorts Kubota shares in focus as DGTR imposes anti-dumping duty on imported cranes
22/09/2025 07:35
The move is expected to protect domestic manufacturers from unfair pricing practices and strengthen the Indian crane manufacturing industry.
Shares of ACE Ltd and Escorts Kubota Ltd are in focus after the Directorate General of Trade Remedies (DGTR) imposed anti-dumping duties on certain cranes imported from China, Germany, and Singapore. The move is expected to protect domestic manufacturers from unfair pricing practices and strengthen the Indian crane manufacturing industry.
ACE Ltd is a well-known manufacturer of hydraulic cranes and lifting equipment, while Escorts Kubota Ltd specializes in agricultural machinery and industrial equipment.
Source: Business Upturn
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