Watch accompanying video of BK Bansal, Director-Finance of Balkrishna Industries in which he spoke about the demand situation due to lower imports from China.
The US Department of Commerce today revised the countervailing duty (CVD) for off-road tyre import from India to 4.94 percent from 5.06 percent. However, the CVD against the biggest player in the segment, Balkrishna Industries was left unchanged at 5.36 percent.