China has decided to continue imposing anti-dumping duties on single-mode optical fibre imports from India for another five years starting Friday, according to the commerce ministry announcement made on Thursday. The decision follows a sunset review initiated in August last year, which concluded that terminating the anti-dumping measures could lead to the continuation or recurrence of dumping and harm to China's domestic optical fibre industry. As reported by Reuters, the extension maintains the current protectionist framework that has been in place since 2014.
The tax rates will remain unchanged from previous rulings, ranging between 7.4 per cent and 30.6 per cent across different Indian exporters. According to the commerce ministry, Sterlite Technologies has been assigned a 7.4 per cent rate, while Aksh Optifibre and Finolex Cables both receive the 30.6 per cent rate. China first implemented anti-dumping duties on Indian single-mode optical fibre in August 2014 and extended them for five years in 2020. The latest extension maintains this established tax structure across different Indian companies operating in the Chinese market.
The extension of these duties represents a significant challenge for Indian optical fibre exporters operating in the Chinese market. The decision maintains the current protectionist framework that has been in place since 2014, affecting multiple Indian companies in the sector. The continued duties reflect China's ongoing concerns about potential dumping practices and their impact on domestic optical fibre industry competitiveness. Single-mode optical fibres are essential components used for manufacturing telecommunications equipment, making this trade restriction particularly impactful for India's optical fibre export sector.
