India gets tough on Chinese and Thai tyre makers

 

India’s Ministry of Finance has implemented anti-dumping duties on bias-ply tyres imported from China and Thailand. The duty will be applicable for five years with tyres imported from Thailand to be subjected to a duty of US$0.86/kg, while most bias-ply tyres from China will be liable to duties of US$1.31/kg. Tyres produced in China by Hangzhou Zhongce Rubber will have a lower US$1.12/kg duty. The anti-dumping duty also will be applicable on certain tubes and flaps.