NEW DELHI: Imports of truck and bus radial (TBR) tires surged in the first two months of fiscal 2016-17, while prices of automotive radial tires fell by 20%, prompting industry body ATMA to ask the government to impose anti-dumping duty on tire imports from China.

As many as 2.8 million TBR tires arrived in India in the month of April-May this fiscal, compared to over 18 million in the same period last year. The Automotive Tire Manufacturers Association (ATMA) in a statement, only five statements Monthly TBR imports reached 150 Almost every month there are 10,000 TBRR 40% demand for tire replacement.

ATMA added that the massive dumping of TBR tires is also adversely affecting the interests of rubber growers in India, adding that it has written to the Indian Ministry of Commerce and Industry to expedite the process of levying duties. Anti-dumping duty on Chinese steel tires.

He added, “Since passenger car tires are the largest single product, accounting for more than 55% of the industry’s sales, import dumping is having a serious negative impact on the domestic industry.”

ATMA chairman KM Mammen said, “Tire dumping from China has not stopped. This varying imports and dumping is affecting the operating rate of the tire industry, which has declined significantly in the last two years.”

ATMA also said that China dominates as a supplier and its share in India’s TBR imports has increased from 90% in 2015-16 to 95% in 2016-17, 70% in 2014-15, 70% in 2013.-14. 40% per annum.

ATMA claimed that “the unit price of tires imported from China is much lower than the cost of tire manufacturing”.

Mammen He said that in view of the increasing degree of radialization, Indian tire manufacturers have invested a huge amount of Rs 25,000 crore to create new production capacity for state-of-the-art TBR tires.

He added, “However, reckless import and dumping of cheap tires from China is causing serious damage to the domestic manufacturing sector.”

With the US imposing high dumping and countervailing duties on Chinese exports to the US, India’s position as a Chinese target has become more vulnerable, industry sources said.