Alkali Manufacturers' Association of India on behalf of domestic producers of caustic soda had filed an application with the Directorate General of Anti-dumping and Allied Duties (DGAD) to probe the alleged dumping of the chemical from the two countries.
"Having initiated and conducted the investigation into dumping, injury and the causal link...it is established that the alleged dumped imports are not causing material injury to the domestic industry," DGAD said in a notification.
The authority had initiated the probe on the basis of sufficient evidence submitted by the applicant.
Countries carry out anti-dumping probe to determine whether their domestic industries have been hurt because of a surge in cheap imports.
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As a counter measure, they impose duties under the multilateral regime of WTO.
The duty is also aimed at ensuring fair trading practises and creating a level-playing field for domestic producers with regard to foreign producers and exporters.
India has already imposed anti-dumping duty on several products to check cheap imports from countries including China.