The sole applicant for India's anti-dumping investigation on Chinese plastics injection molding machinery may have inflated its market-share data in order to qualify for filing the complaint, according to an Indian machinery executive. He pointed out that the Indian government requires the applicant for an anti-dumping probe to have at least 25 percent of domestic market share.
K. Bhattacharya, partner of Kolkata, India-based plastic machinery manufacturer Protech Engineering, told Plastics News that L&T Demag makes 400 machines annually, while stats compiled by Indian plastic resins giant Reliance Industries Ltd. show that more than 3,000 injection presses were sold in India in the 2007-08 fiscal year. Bhattacharya provided us with machinery sales statistics for 2005-06, 2006-07, and 2007-08 (click year to open in new window). The stats include both locally made machines and imports, and Bhattacharya said his team is working on collecting more specific information about India's indigenous machine building capacity. "All three leading machine manufacturers -- namely, L&T Demag, Windsor Machinery & Milacron India -- put together make only 1,100 machines," which is barely a third of the total market share. "India's plastic processing industry will get affected badly in case machines from China get blocked this way," Bhattacharya asserts. "Can China afford to lose this big business?" he added.SEARCH
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L&T Demag's anti-dumping eligibility in doubt
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COMMENTS (13)
LALIT JAIN:
THIS IS ABSOLUTELY A RIGHT MOVE BY GOVT WILL
DEFINITALY HELP SSI
THE REQ FR ANTIDUMPING DUTY ON CHINESE PRESSES BY L & T DEMAG IS TOTALLY UN JUST AND WILL DEFINATELY HURT SSI , WHICH ARE THRIVING AND GROWING ON GOOD QUALITY CHINESE PRESSES WHICH ARE ECONOMICALLY PRICED
L& T DEMAG HAS SHOWN ITS IN ABILITY IN PRODUCING QUALITY PRESSES AT AFFORDABLE PRICES , ALSO IT SHOULD NOT INDULGE INTO UNFAIR PRACTISES WHICH WUD HINDER GROWTH PROCESS OF SSI INDUSTRIES FOR ITS OWN INTREST.
L& T DEMAG SHLD BETTER TIE UP WITH CHINESE MASS SCALE PRODUCERS AND RETAIN THEIR MARKET SHARE
FRIEND OF PLASTIC SOCIETY:
JUST TO HELP ALL THE CONCERNED IN 06-07 THE COST OF SALES AT L & T HAS GONE UP WITH 25 POINTS, SELLING PRICE INCREASED BY 30 POINTS & PROFITS JUMPED BY 92 POINTS ( REF INITIAL FINDINGS OF DA APPOINTED BY DGAD). IN THE SAME PERIOD L & T'S IMPORTS OF PARTS FROM CHINA HAS BEEN 74% OF THEIR TOTAL IMPORTS( REF INFODRIVE INDIA PVT. LTD KOLKATA'S IMPORT DATA AVAILABLE TO ANYBODY). OUR BUYERS HAVE BEEN DEPRIVED OF THE PRICE BENEFIT JUST TO SHOW BEST OF THE PROFITS.
NOW YOU CRY FOUL WHEN PEOPLE HAVE UNDERSTOOD AS WHY SHOULD THEY PAY MORE?
OTHER DOMESTIC MANUFACTURER ANOTHER JIANT HAVE ADJUSTED ITSELF TO GROUND REALITIES AND HAVE STILL GROWN DURING 03-04 TO 06-07 ANY ANSWER TO THIS FROM THE NUMBER ONE COMPANY OF INDIA.
Sandeep Verma:
On reading the notification dated Februry 10th carefully, it seems that this duty is applicabel not only to machines of Chnese origina BUT to IMMs upto 1000Tons originating from any cuntry in the world
Nina Ying Sun 
:
:
Sandeep Verma, I'm afraid you misread the document. It's loud and clear that the anti-dumping charges are aimed at injection molding machines (40-1,000 tons) that either originate in China or exported from China. So, if you built a machine in Japan, shipped it to China, and exported it from China to India, it would be subject to dumping rules. Understood?
Posted by Nina Ying Sun |
April 3, 2009 8:05 AM
Sandeep Verma:
Got it now,thanks!!
peter:
dear nina,
i have a query.
the proposed 200% antidumping duty is applicable on what?
is it 200% of the current assessible value or 200% of the current applicable cusom duty of 7.5%??
kindly confirm....
Nina Ying Sun :
:
The proposed tariff is223% of the machine's CIF(cost, insurance, and freight) value, applicable to all injection molding machines 40-1,000 metric tons that originate in or are exported from China.
Posted by Nina Ying Sun |
April 7, 2009 11:36 AM
K.Bhattacharya:
Dear Readers,
Egypt had imposed special tariff of 25% on cotton yarn which is the highest imported commodity value wise of Egypt from India. Our commerce ministry did a remarkable job by convincing Egyptian government for withdrawal of this punitive duty which they did today.
I really wonder what Chinese government is still doing against the anti dumping duty of its Injection molding machine so long. They should take some tips from our minister Sri Kamalnath
Regards
Bhattacharya
Rakesh :
What about duty ? Has this been decided ?
MILIND AGNIHOTRY:
Dear All,
It is only provisional anti-dumping duty imposed which is different for different manufacturers. The final verdict is supposed to be out earliest before 8th July or latest by 7th Dec 2009. Till such time this duty will be in force.
Prior to this a public hearing then final submission and rejonder from the applicant will be done. Therafter if the authority feels as required then they may visit Chinese manufacturers to ascertain about their cost of sales in their country and selling price in India.
On their findings the D.A. will decide on final duty which will be in effect till 5 years from the date of final findings. Which will be examined then at the end of period for keeping it effecteive thereafter or not.
Regds,
Milind
Daniel:
Crazy chinese people,spoiling the global machine market... why u support them!
Kapil Shoor:
How can Govt of India can impose Anti Dumping Duty on chines Injection Moulding Machines ?
This is truly un fair to all Indian Plastic Processors, Govt of India is vision less, for only 3-4 manufactures in India like L&T, Windsor etc they wanted to spoil our business.
How can govt of India can talk about SSI units ? what they have done for us ? NOTHING.
We can not let this happen with us, for only 3-4 manufactures who do not make more than 1000 machines per year & only employees 2000 to 3000 workers.
Our Policy Makers are stupid what we think, do they have facts ? do they study market before taking such steps ?
We should all have freedom to buy what ever machinery we like to buy from china or anywhere else.
We Indian Plastic Industry should take this matter in high level.
PL ALL PLASTIC PROCESSOR GET TOGETHER.....
THANKS
Sunita:
Dear Sir,
This with related to the antidumping duty for IMM'S (40T - 1000T)
Is their any antidumping duty for taiwan,japan,germany,italy & hongkong INJECTION MOULDING MACHINES
Pls let us know