Business Daily from THE HINDU group of publications
Tuesday, Oct 06, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, Oct 06, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
Industry & Economy
-
Anti-dumping Safeguard probe on passenger car tyres imports terminated Tyre industry sources said that the domestic passenger car tyre makers’ case for imposition of safeguard duty was weak from the beginning. K. R. Srivats
New Delhi, Oct 5 The country’s safeguards authority has terminated a safeguards investigation on passenger car tyre imports into India. This follows a request by the Automotive Tyre Manufacturers’ Association (ATMA) to terminate the investigation as the industry body had decided to withdraw its application. “The investigation was found to have become infructuous upon request for withdrawal of application,” the Director-General (Safeguards) said in an order issued here last week. The Director-General (Safeguards) had in May this year initiated safeguard investigations on increased imports of passenger car tyres. This was based on ATMA’s application, which contended that increased imports of car tyres from China had threatened to disrupt the domestic market. Tyre industry sources said that the domestic passenger car tyre makers’ case for imposition of safeguard duty was weak from the beginning. It was also highlighted that the tyre dealers’ fraternity and car manufacturers in India had opposed the levy of any safeguard duty on passenger car tyre imports. A trade delegation from China, representing exporters/producers, had also participated in hearings on the matter held in August, sources added. More Stories on : Anti-dumping | Tyres
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2009, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|