ATMA guns for anti-dumping duty for Chinese tyres.
The import of Truck & Bus radials in India witnessed a jump of 64% in the year 2015-16. As per the data submitted by ATMA (Automotive Tyre Manufacturers Association), in the year 2015-16 the total import of TBR stood at 12.8 lakh units as compared to 7.8 lakh units in year 2014-15 owing to increased dumping by China.
Referring to the data acquired from customs, ATMA said that TBR imports in India have increase 2.5 folds in the last two years and that they have asked the government to have in place anti-dumping measures on tyres imported from China to curb the situation. In a statement made by ATMA it was said that “From an average per month import of about 40,000 units in FY14 and 65,000 units in FY15, the TBR import figure has crossed one lakh units per month in FY16.”
“From an average per month import of about 40,000 units in FY14 and 65,000 units in FY15, the TBR import figure has crossed one lakh units per month in FY16 & that most of the import of TBR in India is from China, whose share has more than doubled to 90 per cent in 2015-16 from 40 per cent in 2013-14. The Chinese TBR import has come to account for 30-40 per cent of replacement demand for TBR in India,” Said the statement.
Commenting on the development, ATMA Chairman K M Mammen said: “Government needs to take urgent measures to halt such sharp surge in imports and dumping of tyres.” He added to the statement saying, “Tyre manufacturers in India have made major investments towards greenfield and brownfield projects for manufacturing of state of the art radial tyres but indiscriminate import and dumping of cheap tyres from China are queering the pitch for domestic manufacturing.”