Higher Anti-Dumping Duties Recommended in India - Tire Review Magazine

Higher Anti-Dumping Duties Recommended in India

(Staffordshire, U.K./Tyres & Accessories) An Indian government panel has recommended increasing the anti-dumping duty imposed on truck tyres from US$99 to $135.

Originally implemented last October, the duty is intended to curb the large numbers of low-priced Chinese imports flooding into India.

At present, tyre imports from China are running at 68,000 units a month, a five-fold increase in the levels recorded three years ago.

The difference in price between Indian tyres and their Chinese equivalents is approximately 25% to 35%, despite the Chinese government’s removal of its 5% tyre export subsidy and increased freight charges for exports to India.

Such a gulf in prices means, according to MRF executive director of marketing Philip Eapen, that the increase in duty will make little difference apart from making Chinese imports a “little more unattractive.”

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