In FY2014 (April 2013 to March 2014), the overall turnover of domestic auto parts in India fell by 2% year-on-year, and operating profit fell to 10% during the same period. At the same time, the relevant departments of India analyzed the reasons for this phenomenon on the one hand, the local car market continued to languish, on the other hand, it was squeezed by imported auto parts from China. Sodium Methylate Methanol Solution Sodium methoxide is colourless or yellowish viscous liquid. Sodium methoxide catalyst is sensitive to oxygen. It is soluble in methanol and ethanol, and can decompose into methanol and sodium hydroxide with water. It decomposes at 126.6ºC in the air. Sodium Methylate Methanol Solution,Sodium Methoxide Liquid,Sodium Methoxide Catalyst,Sodium Methylate Solution Liquid Liaoning North Petroleum Equipment Co.,Ltd. , https://www.lnnorthpetroleum.com
Earlier, it was reported that the Indian government is investigating some auto parts imported from China to decide whether to extend the anti-dumping tax collection period for these auto parts. The time when these two news were reported was really intriguing. First, the government began to adjust the difference, and then the media sent a piece of evidence that could not be refuted. It was really a sleepy pillow. It was the right time.
According to the statistics of the Indian Automobile Parts Manufacturers Association, the total value of China's auto parts exported to India in 2013 was more than 2.6 billion US dollars, up 10% year-on-year, further establishing India's status as the largest importer of auto parts. Imported parts from China and other countries were sold well, resulting in 30-35% of the production capacity of the local auto parts manufacturers in India in the last fiscal year, and the investment amount was reduced from 1.2 billion to 700 million.
It is reported that since the 1994 Uruguay Round negotiations reached an agreement, in order to protect its domestic industry, it has frequently used anti-dumping and countervailing measures in accordance with the WTO Agreement to conduct anti-dumping investigations on imported goods that are considered to constitute dumping. In 2003, China has become the country with the most anti-dumping investigations in India. Chemical, petrochemical, pharmaceutical products, steel and other products and other metals and consumer goods from China are frequently investigated by India. The total number of cases accounts for nearly 50% of the total anti-dumping investigations in India. .
At the request of local enterprises, the Indian government’s investigation into Chinese-made auto parts can be described as “time, person, and geography.†It seems that China’s export prospects for Indian auto parts are inexplicably covered with a haze. But at the same time, should the Indian government also reflect on it, is it right or wrong to use the anti-dumping to protect the local industry? The eagle hiding under the wings of his parents is never able to soar in the blue sky.
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