44

TliE GAZETTE OF INDIA : EXTRAORDINARY

[PAR:i I--SR :. I I

C)

OTHER INJURY PARAMETERS:

After having examined the effect of dumped imports on the volumes and

prices of the domestic industry and major injury indicators like volume and value of

imports, capacity, output. capacity utilization and sales of the domestic industry as

well as demand pattern with market shares of various segments in the earlier

section, other economic parameters which could indicate existence of injury to the

domestic industry have been analysed here as follows:

a)

PROFITABILITY

The profitability of the domestic industry has been analysed from the record

of the company:

Indexed

Year

Profit /(Loss) Rs. Lakhs

00-2001

100

r ,001-2002

(49.85)

2002-2003

321.95

2003-2004

114.73

69.

It can be seen from the above table that the profits of the Domestic Industry

have reduced to Rs. ***** Million during the Period of Investigation from Rs. *****

Million in the previous year 2002-2003. In percentage

ms on a yearly basis, the

profits during the period of investigation decreased ^{by ''****()/0 over the previous}

year.

However. the deterioration of the profit as mentioned above is in spite of the

fact that there is a very marginal import of the subject goods from the subject

countries and there is no price undercutting or underselling effects of the dumped

imports. The landed value of the dumped imports is significantly above the selling

price of the domestic industry as well as the DPCO prices. Therefore, the dumped

imports do not appear to have contribt, d

the drop in profitability of the domestic

industry.

b)

EMPLOYMENT

70.

As far as Employment and wages are concerned there is no significant drop

in employment level as indicator of injury to the domestic industry. However. the

Company seems to have undertaken significant cost cutting measure in terms of

wage reduction.

c)

PRODUCTIVITY

71

There is a significant drop in productivity in terms of production per employee

due to drop in output during this period.

Indexed

Year

No. of

Production (Kg)

Productivity Per

Employees

Employee (Kg)

2000-2001

100

100

100

2001-2002

101

52.95

52.19

2002-2003

101

71.69

70.66