India aims to double its ceramics turnover to Rs. 50,000 crore by 2020
The Dollar Business Bureau India the third largest producer of ceramics aims to double its turnover to Rs.50,000 crore by 2020. This is driven by domestic consumption and exports to Europe, Middle-East and other destination countries. Indian manufacturers are looking to compete with China in the global market which is a lead exporter with 40% market share, by expanding product portfolio and scouting for new geographies. "The ceramics industry is looking at a growth of 200% by 2020 at Rs.50,000 crore, from Rs.25,000 crore at present," Vibrant Ceramics 2017 President Nilesh Jetpariya told the PTI. He added that the ceramic industry employs more than 10 lakh skilled and unskilled persons. In the last decade the Indian ceramic industry has evolved into an organized market. While ...
DGAD imposes ADD on Ceramic Tableware and Kitchenware imported from China
The Dollar Business Bureau DGAD has imposed a provisional dumping duty on Ceramic Tableware and Kitchenware, excluding knives and toilet items imported from China PR. In a notification issued on June 12, the Customs specifies that due to the material injury caused by the dumping of ceramic tableware and kitchenware below its normal value, it has recommended the imposition of provisional anti-dumping duty of $1.04 per kilo on the same. The ADD imposed will be for a period of six months only unless otherwise notified. The All India Pottery Manufacturers’ Association (AIPMA) and the Indian Ceramic Society had filed an application before the DGAD on Oct 13, 2016, alleging dumping of ceramic tableware and kitchenware below its normal value. Of the total $22.07 million ...
