The Indian government has decided to impose anti-dumping duties on circular weaving machines originating in China.
The anti-dumping duties will be imposed for a period of five years until April 11, 2015.
The Chinese subsidiary of Starlinger & Co. Ltd. Austria, has managed to obtain zero anti-dumping tax, while other Chinese companies will pay a duty of US $1,193 / per set.
The restrictive duty has been imposed on import of “Circular Weaving Machines having six or more shuttles for weaving PP/HDPE fabric of width exceeding 30 cm”.
The circular woven fabrics made by such machines are widely used in packaging applications, such as packaging of cement, fertilisers and chemicals.
Fibre2fashion News Desk - China
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