The six month tenure of anti-dumping duty on Chinese tiles ended on September 30, Asian Granito India Ltd (AGIL) Chairman and MD Kamlesh Patel said.
On March 30, the Centre, through a notification, slapped anti-dumping duty of USD 1.37 per square meter on import of tiles from China to protect the domestic industry.
The notification was meant to be in force for six months, starting from April 1, 2016.
"Further, we want government to consider raising the duty to USD 2 per square meter or above. Previous duty charges of USD 1.37 did not prove to be effective due to drop in freight rates per container from China, which went in favour of them," he said.
He was accompanied by AGIL's MD Mukesh Patel and other senior staff on the occasion of announcing the completion of expansion at it's step subsidiary Crystal Ceramics, which was acquired by the company last year.
Some of the key components for growth are government-initiated projects, such as Smart Cities, Swach Bharat Abhiyan and affordable housing, he said.
"Apart from these initiatives, we are seeing huge potential in exports, as some European countries along with Brazil have also imposed anti-dumping duty on Chinese tiles. It would sure help us. We expect that the the current market size of Rs 28,000 crore would double in six years" Mukesh Patel added.
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