Anti-dumping duty on Chinese tyres
The Government of India has re-imposed Anti-Dumping Duty (ADD) on new Chinese Truck and Bus Radials (TBR) for a period of five years effective from September 18, 2017. This would make Chinese imports costlier, and provide a level playing field for Indian truck and bus manufacturers. Indian truck and bus tyre manufacturers have invested in creating large capacities in anticipation[Read More…]