ATMA Issues Anti-Dumping Plea

Indian news sources have reported that the Automotive Tyre Manufacturers Association (ATMA) have requested a government-implemented anti-dumping duty on radial truck and bus tyre imports. The request follows concerns over the 1,300 per cent increase in Indian tyre imports from China in the last five years.

According to business commentary in India, the increasing cost of raw materials in India has left domestic tyre manufacturers exposed to the challenge from cheaper Chinese imports.

Data released from DGCIS&S, Government of India shows that truck and bus tyre imports have increased from 88,000 in 2004 to 1,217,000 in 2008. Indian manufacturers have cause for concern: the truck and bus portion is the industry’s largest segment, with 65 per cent of the India’s tyre industry turnover.