Vitrified tile makers continue to lose 30% market share amidst Chinese dumping

Vidhi Khanna · Mar 13, 2016

Heavy dumping and lower freight rates for import from China has been hurting the domestic vitrified tile manufactures with the domestic players losing almost 30 per cent market at the home. The vitrified tile makers are seeking government support for the same. The vitrified tiles industry has demanded anti-dumping duty on Chinese vitrified tiles import so that domestic players will be able to compete on price front.

.....

"China is offering vitrified tiles at almost 25 per cent lesser price. Moreover, Indian transportation cost are much higher than shipping it from China because of which we are losing business in our own home market," said S C Kothari, chief executive officer of Cera Sanitaryware Limited which has been expanding its vitrified tile manufacturing capacities lately.

https://www.business-standard.com/a...re-amidst-chinese-dumping-116031200393_1.html

kharb · Mar 14, 2016

Vidhi Khanna said: ↑

Heavy dumping and lower freight rates for import from China has been hurting the domestic vitrified tile manufactures with the domestic players losing almost 30 per cent market at the home. The vitrified tile makers are seeking government support for the same. The vitrified tiles industry has demanded anti-dumping duty on Chinese vitrified tiles import so that domestic players will be able to compete on price front.

.....

"China is offering vitrified tiles at almost 25 per cent lesser price. Moreover, Indian transportation cost are much higher than shipping it from China because of which we are losing business in our own home market," said S C Kothari, chief executive officer of Cera Sanitaryware Limited which has been expanding its vitrified tile manufacturing capacities lately.

https://www.business-standard.com/a...re-amidst-chinese-dumping-116031200393_1.html
Click to expand...

World is becoming very competitive place to do business.Anti dumping can help only in short term,but if industry or company is not world-class in terms of price,quality ,service and products will go bust some day.More over industry (except knowledge) have to learn to live with lower margins ,as consumer in India has already suffered for many decades. In long runEfficiency and innovation will only save Industry ,not first aid like anti dumping.More over if any Industry is asking for anti dumping,surely it will face pricing pressure, so may not perform atleast in short term.

w4wealth · Mar 14, 2016

chinese govt. playing bad boy game by givivng loans at very low rates to these mfring industries in china help them to sell their products at low prices cmpared to indian co.s.
govt. shud impose dumping tax on these items to make competition healthy.

Log in

Vitrified tile makers continue to lose 30% market share amidst Chinese dumping

Vidhi Khanna Active Member Staff Member

kharb Well-Known Member

w4wealth Well-Known Member

Sintex Industries ( Demerged Textiles Entity)_ Fairly priced stock

Vardhaman Textiles

Textile stock

Textile stocks

Pigments and dyes - Proxy play for textiles?

Log in

Vitrified tile makers continue to lose 30% market share amidst Chinese dumping

Vidhi Khanna Active Member Staff Member

kharb Well-Known Member

w4wealth Well-Known Member

Sintex Industries ( Demerged Textiles Entity)_ Fairly priced stock

Vardhaman Textiles

Textile stock

Textile stocks

Pigments and dyes - Proxy play for textiles?

Useful Searches