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Tyre industry worried over Chinese imports
Close to five-and-half lakh truck and bus tyres were imported from China between April and December 2006 against just over three lakh units during the entire financial year 2005-06.
Close to five-and-half lakh truck and bus tyres were imported from China between April and December 2006 against just over three lakh units during the entire financial year 2005-06.
Recently an article in The New York Times had stated that the federal authorities have told a New Jersey based importer to recall 4.5 lakh radial tyres after the company disclosed that its Chinese manufacturer had stopped including a safety feature that prevented the tyres from separating. This is also causing concern in the Indian tyre industry as the quality of tyres which are being imported from China vary from extremely poor to good.
"The quality of an Indian tyre and a Chinese tyre cannot be compared. Indian tyres are exported to around 80 countries around the world and we have no complaints from anywhere on the quality. Personally, I think the concern of safety of Chinese tyres in the US has thrown new light on the defects in them," Mr Arun K. Bajoria, President, JK Tyre and Industries Ltd , said.
According to him, the proposal of the Directorate-General of Anti-Dumping and Allied Duties to the Finance Ministry on increasing the definitive dumping duty on tyre imports from China is a move which would help curb the unfair practices. The Directorate-General has recommended that the definitive dumping duty on tyre, tube and flaps set be $135.65 against the existing $99.3.
Recently an article in The New York Times had stated that the federal authorities have told a New Jersey based importer to recall 4.5 lakh radial tyres after the company disclosed that its Chinese manufacturer had stopped including a safety feature that prevented the tyres from separating. This is also causing concern in the Indian tyre industry as the quality of tyres which are being imported from China vary from extremely poor to good. 
