Investigation: India considering duties on Chinese truck tyres

29th March 2019 | 0 Comments
 
Investigation: India considering duties on Chinese truck tyres
Indian manufacturers, such as Apollo Tyres, claim subsidised Chinese imports are depressing market prices and reducing their profits

Authorities in India are conducting an investigation into alleged subsidies on truck and bus tyres imported from the People’s Republic of China. According to a document released on Wednesday by the Directorate General of Trade Remedies, a department of India’s Department of Commerce, the investigation is taking place in response to a submission filed by local industry representative the Automotive Tyre Manufacturer’s Association (ATMA) on behalf of tyre makers Apollo Tyres, J. K. Tyre & Industries, MRF and Ceat. Should the allegations be verified, the department will recommend implementing countervailing duties.

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Category: International News

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