XavieraPope - China Automobile Expert-CNAUTO

The agency government on Friday restricted the import of some new pneumatic tires for cars, buses, trucks and motorcycles. NEW DELHI: The Automotive Tyre Manufacturers Association (ATMA) on Wednesday said restricting imports of tires would pave the way for improved domestic production and boost exports besides ensuring employment opportunities. “Reckless import of tires is harmful to Indian tires.” Most of the imports, which are seen as an “industry nuisance”, come from China and account for more than 40 percent of truck and bus tires (TBRs) and passenger car tires (PCRs) exported to India from abroad. In the case of tractor tires, China accounts for three-fourths of the total imports. On Friday, China imposed import restrictions on some new pneumatic tires for cars, buses, trucks and motorcycles in a bid to boost domestic manufacturing. “The move boosted the slowdown in the automotive sector and COVID-19 As a result of these developments, the ...

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Restrictions on tyre imports to curb inflow from China, help domestic industry: ATMA