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Chinese tyre imports rise 9% in FY17, hit home industry badly

Tyre majors seek anti-dumping duty on Chinese radials, which make up 92% of India's total TBR import

T E Narasimhan  |  Chennai 

Imports of truck & bus radial (TBR) tyres rose by nine per cent to hit a new high of 120,000 units a month in financial year 2016-17 over the previous year. Imported tyres have come to account for 40 per cent of the replacement demand for TBR tyres in India, delivering a severe blow to the domestic industry, which has put hefty investments in TBR manufacturing, say industry representatives. Meanwhile, Automotive Tyre Manufacturers Association (ATMA) has asked the Ministry of Commerce & Industry for early imposition of anti-dumping duty on import of TBR tyres from China, which ...

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First Published: Tue, May 16 2017. 18:00 IST
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