Overview

• GHCL says cheap shipments have lifted imports’ share of the Indian market to about 25–26% from roughly 15%, compressing domestic pricing.
• India’s minimum import price of Rs 20,108 per tonne now runs through Dec. 31, yet sub‑MIP entries continue, which the company argues warrants anti-dumping duties.
• China holds roughly 45% of global capacity and more than 10 million tonnes added in Inner Mongolia have created a surplus channeling low-cost exports to India.
• India lacks natural soda ash reserves, leaving domestic synthetic producers at a structural cost disadvantage versus natural producers in countries such as China, Turkiye, the US and Kenya.
• GHCL remains at about 98% utilization, posted Q1 FY26 standalone net profit of Rs 145 crore (down 4%), and is investing Rs 6,500 crore in a Gujarat plant to double capacity to 2.2 million tonnes for expected solar-glass-led demand.