Indian Government to probe dumping of Chinese tyres.
The Government Of India has initiated a probe into dumping of certain radial tyres from China that are used in buses, lorries and trucks and may end up imposing duty on them to protect the domestic industry.
Directorate General of Anti-Dumping and Allied Duties (DGAD) has found “sufficient prima facie evidence” of dumping of these tyres from China. Automotive Tyre Manufacturers’ Association has filed application on behalf of domestic players — J K Tyre Industries Ltd, Ceat Ltd & Apollo Tyres Ltd — for initiation of an anti-dumping investigation and imposition of the duty on the imports.
The DGAD has initiated the investigation on imports of “new/unused pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless tyres) having nominal rim dia code above 16″ used in buses and lorries/trucks” originating in or exported from China. “The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry to determine the existence, degree and effect of any alleged dumping and to recommend the amount of anti-dumping duty which, if levied, would be adequate to remove the injury to the domestic industry,” DGAD said in a notification.