Schedule a Call Back
Indian automakers seek exemption from Chinese PCB anti-dumping duty order
Industry News- Jun 26,24
Indian PCB makers say the auto industry hasn't given them firm commitments of volume, thus preventing them from investing in building capacity.
Indian car companies are pushing back against a new government rule that makes it more expensive to import printed circuit boards (PCBs) from China and Hong Kong. These circuit boards are essential parts of modern vehicles, controlling many electronic functions.
The automakers argue that the new 30% anti-dumping duty will raise their costs and ultimately lead to higher car prices. They say they can't source enough high-quality PCBs domestically right now. Indian manufacturers reportedly lack the advanced technology to make complex circuit boards, and they struggle to consistently produce reliable PCBs needed for safety-critical systems in cars.
The Society of Indian Automobile Manufacturers (SIAM) says this could compromise safety. They worry that faulty PCBs could lead to accidents.
Indian PCB makers counter that they have the skills and technology to meet the auto industry's needs. They say they haven't been able to invest in expanding capacity because car companies haven't given them firm commitments on how many circuit boards they'll need.
The Indian Printed Circuit Association (IPCA) argues that cheap Chinese imports, backed by government subsidies, have stifled domestic PCB manufacturing. They believe the anti-dumping duty is necessary to create a level playing field and encourage more PCB production in India.
This is a complex situation with no easy answers. Both sides have valid points. The government is trying to balance promoting domestic manufacturing with keeping car prices affordable. It may take time to find a solution that works for everyone.
(Source: MSN)
Related Stories
Process Equipment
Trump 2.0 may boost Indian pharma opportunities
Experts highlight that higher tariffs on Chinese goods might enable Indian firms to fill supply gaps in the US generic drug market, a critical region that accounts for 30% of Indian pharma sales and..
Read moreProcess Equipment
India levies anti-dumping duty on chemical imports from China, Korea & Thailand
The decision follows a recommendation by the Directorate General of Trade Remedies (DGTR) under the Commerce Ministry, which found that Epichlorohydrin was being sold in India below standard prices ..
Read moreElectrical & Electronics
Hero-owned Tessolve acquires Dream Chip Technologies for Rs 4 billion
This move aligns with India’s Semiconductor Mission launched in late 2022 to bolster the country’s role in this critical industry following the global chip shortages post-COVID-19.
Read moreRelated Products
Tata Motors unveils facilities for development of Hydrogen propulsion tech
AUTO COMPONENTS & ACCESSORIES
Tata Motors, India?s largest automobile company, unveiled two state-of-the-art & new-age R&D facilities for meeting its mission of offering sustainable mobility solutions. The unveilings constitute of Read more
Tata Motors plans petrol powertrain for Harrier and Safari SUVs
AUTO COMPONENTS & ACCESSORIES
Tata Motors is in the process of developing a new petrol powertrain for its premium sports utility vehicles, the Harrier and Safari, as confirmed by a senior company official. Currently, these models Read more
Electric Vehicle Charger
AUTO COMPONENTS & ACCESSORIES
RRT Electro is engaged in manufacturing of customized Power Electronic Products over two decades having capability to Design, Develop, Prototyping, Regulatory Compliance testing & Certification, Manuf Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
