DGAD recommends anti-dumping duty on TBR import from China
The Dollar Business Bureau The Directorate General of Anti-Dumping and Allied Duties (DGAD), in its final report, has recommended that anti-dumping duty is to be imposed on the imports of truck and bus radial (TBR) tyres from China. The DGAD has submitted its report to the Ministry of Finance, which will come out with the final decision and issue a notification regarding the same. After investigations, the Authority has come to a conclusion that TBR has been exported by China to India below the normal prices, causing material injury to the local industry. There has been substantial rise in the dumped imports of TBR and the landed value of imported products have been considerably lower than the level of cost of selling ...
Indian tyre manufacturers see red in upward Chinese imports
The Dollar Business Bureau Increasing imports of Chinese tyres have become a major concern for the Indian tyre manufacturers. Reports say that the import of radial tyres— used mostly in heavy commercial vehicles— has increased by 60% in the last financial year. And a large chunk of imported pieces were from China. International trade analysts believe that Chinese tyre makers have started selling their products to Indian buyers at cheaper rates after facing anti-dumping duty imposed by the US. According to reports, the truck and bus radial (TBR) tyres imports in India have surged to 7.8 lakh units in the last financial year from 4.9 lakh units a year ago. This has created an alarming situation for the domestic ...
