At last, India's government imposed definitive anti-dumping on imports of injection molding machines with clamping forces no less than 40 metric tons. The announcement came out in late March, confirming that the antidumping duty started on May 12, 2009, the date on which the provisional anti-dumping duty was imposed and will end on May 11, 2014.
India started the probe in July 2008, started levying antidumping duty in May 2009, and announced final decision in December 2010. The 10 companies that responded to the investigation are charged duty rates in the range of 60-174 percent. All other Chinese companies face a universal rate of 174 percent.In the past two years, Plastics News has been following this issue in these stories and blog posts:India moving ahead on China press-dumping complaintIndia's duties on Chinese presses spur controversyL&T Demag's anti-dumping eligibility in doubtIndian group supports Chinese pressesIndia releases initial anti-dumping charges on Chinese pressesWho wants to keep Chinese presses out of India?SEARCH
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India confirms press antidumping
COMMENTS (1)
lalit jain:
Indian producers of presses are showing their weakness r not in position to produce the required presses and meet the growing demand are taking 4-6 month to deliver
this is directly hitting the growth of plastic injection molding industry .
the Indian govt has definitely taken a wrong step in curbing the import by way of imposing extra ordinary duties .
this action will never justify the situation
at present India is on solid growth path with many automobile plants start ups , which will require huge no of plastic injection molders support.
with the Indian injection molding presses, suppliers' poor support will kill the industry