Apollo chairman welcomes custom duties on Chinese tires

Kochi, Kerala – Apollo Tyres Ltd chairman Onkar S. Kanwar has welcomed a decision by the Indian government to impose antidumping duties on new truck and bus radial tires imported from China.

“These low-cost imports had been wreaking havoc on the manufacturers in India and also on the customers who buy the low-cost products but are not aware about the safety issues,” said Kanwar addressing Apollo AGM on 1 Aug.

The Indian government levied antidumping duties of over $450/tonne on new Chinese TBR tires in September, a…

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