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DGTR recommends anti-dumping duty on OFC

The Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duty optic fibre cables from China, South Korea and Indonesia as it is being sold in India at artificially low rates, to capture the domestic market. And, it is also causing “injury” to local producers as it is being sold at a loss by sellers from these three countries.

The findings come at a time when India is in the middle of a digitisation drive through the ambitious rural outreach programme, Bharat Net, while private operators are adding fibre to their network for 4G and 5G services. A final decision on the issue will be taken by the finance ministry.

The measure, if approved, will be a huge relief to the domestic industry and also to those foreign companies that make locally. These include Sterlite Industries, Birla Cable, Birla Furukawa Fibre Optics, HFCL and American Corning.

The local manufacturers are saddled with overcapacity and have been complaining of cheap imports, especially from China, hitting them hard.

The DGTR investigation showed a severe impact of dumping on Indian makers. “It was further found that the growth in demand was almost entirely subsumed by such dumped imports,” it had pointed out. ToI

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