Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Anti-dumping duty on PCBs hits IT hardware PLI beneficiaries.


Date: 20-06-2024
Subject: Anti-dumping duty on PCBs hits IT hardware PLI beneficiaries
New Delhi: Companies making IT hardware under the production-linked incentive (PLI) scheme are hurt by an anti-dumping duty on bare printed-circuit boards (PCBs) that, many industry executives said, is making their products uncompetitive globally.

India imposed a 30% anti-dumping duty (ADD) on bare PCBs – an essential component in any electronics product – for five years in March on the commerce ministry’s recommendations following complaints from six local PCB makers, represented by the Indian Printed Circuit Association, over cheap inbound shipments from China and Hong Kong.

“The ADD levied on imported PCBs increases the production cost of domestically manufactured PLI scheme products, making them less competitive in the global market,” said an industry executive, who did not wish to be named.

Executives ET spoke with said the cost impact due to the ADD is between 3-4% for lighting products, 1% for IT hardware products, and 2-3% for telecom products.

This is especially hurting those firms that have undertaken domestic PCB assembly, where components like transistors and resistors are mounted on top of the bare PCB, as part of the localisation schedule of the revised IT hardware PLI scheme.

Source Name : Economic Times
 

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+




Exim Guru Copyright © 1999-2024 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001