5:02 am - Friday May 24, 2013

China cheap tires influx of local businesses in India worry

China cheap tires influx of local businesses in India worry tyre rubbermaketnews 110 300x300 According to India’s Economic Times reported that a large number of low-priced Chinese imports of continuous influx of the Indian market, coupled with the slowdown in domestic demand, caused by the concerns of the automotive industry in India.

Attracted by lower prices, taxi area tend to use more and more of the imported tires, although rumored to be inferior to the quality of imported tires to a local tire. The current tire import duty of 10%, the industry has been asking the government to raise import tariffs tire tariffs of natural rubber has been maintained at 20%. Rupee devaluation did not produce a significant impact on tire imports.

Truck and bus tire imports decreased by 7.6% in the first quarter, imports rose to 1.4 million passenger tires, basically the first quarter increased by 24%. This is a significant increase only in December 2011, the import of passenger tires rose 2.4 percent, reaching 4,875,000.

The tires of trucks and buses last year, imports fell by 10.3% to 1.645 million. The JK tire marketing vice president, 维克拉姆马 Hoven Tel said: “The availability of cheap Chinese tires is a need we pay close attention to the problem to mention the taxi driver has changed a commonly used brand in some models China’s automobile tire has accounted for nearly 20% of the market share. “

The field of radial tires were also affected. Truck and passenger car radial tire price difference of up to 20%, while passenger car radial tire price difference also reached 30-35%. Almost 60% of the tire from China.

“Although the tire import duty of 10%, but because the agreement in the Asia-Pacific region, China’s import tax for 8.6% of imports of the subject is independent traders. Earlier, original equipment manufacturers also need to be imported. “the person in charge of the Automotive Tyre Manufacturers Association, Rajiv Budhraja said.

The United States, Europe and Brazil and other countries have implemented economic barriers to reduce imports, but here, the Chinese anti-dumping low-quality tires, causing a serious security problem, “said Executive Chairman of Apollo Tyres India 萨蒂什夏尔 horse .

Interestingly, this happens in the and latex import tariffs to 20% and 70%, respectively, when.

Industry insist that this is too high raw material taxes, and finished lower tax liability.

“Even in the rupee, buyers and sellers have to renegotiate the price, the amount of tire imports had not been much affected,” All Industries Association, 维诺德西蒙 pointed.

Translated by Google Translator from http://news.cria.org.cn/9/10095.html

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