Saturday, 26 February 2011
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China, South Korea dumping tyres in Indian markets: ATMA
MUMBAI (Commodity Online) : Automotive Tyre Manufacturers Association (ATMA) of India has pointed out dumping of tyres in the Indian market by China and South Korea. It is estimated that Chinese and South Korean rubber imports account for 70% of India's tyre imports with various bilateral agreements nullifying the import duty of 10% and coming over with a basic customs duty tag of 8.6%,
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