Centre to survey impact on cycle industry due to imports from China.

Concerned over the impact of import of cycles and parts from China on the cycle and parts manufacturing industry in the city, the central government will be conducting a survey on the “Impact of Chinese Bicycle Parts on Indian Bicycle Industry”.

The move comes following regular complaints from the cycle and parts manufacturing industry here, who claim that import of cheaper cycles and cycle parts from China had adversely affected the industry here.

The industry here for long has been demanding imposition of anti-dumping duty on import of cycles and parts from China to save local industrial units. The industry has raised the issue before central government at different platforms. The industry's delegations have even met Prime Minister Manmohan Singh over the matter.

Rajesh Jain, deputy general manager, National Small Industries Corporation (NSIC), said though the official communication in this regard from the central government was yet to be received, he had come to know about the decision in this regard.

“As a part of the survey, the NSIC would meet the cycle industry here and collect data of losses suffered due to import of cycle and parts from China in the past few years,” he said.

Jain said as the cycle industrialists were busy in the process of elections to the United Cycle and Parts Manufacturers Association (UCPMA) these days, a meeting with the industrialists would be held next week to chalk out a plan in this direction.

The survey is expected to help the industry in convincing the central government to impose the anti-dumping duty on import of cycles and parts from China.

Badish Jindal, president, Federation of Association of Small Industries (FASII), had raised the issue before TKA Nair, chief advisor to Prime Minister Manmohan Singh and commerce secretary SR Rao last week.

Jindal said Amrinder Sinha, development commissioner, ministry of micro small and medium enterprises, had also asked FASII to submit a report on the impact of import of cycle and parts from China in the past four years.

Jindal said with a purpose to furnish this detail to ministry, FASII had decided to write letters to about 3,000 manufacturers of cycles and parts in city to explain the impact they had suffered due to imports from China.

He said as the process of imposing anti-dumping duty was tedious one as it required a lot of data with regard to status of a particular industry, and this survey would pave way in direction of imposing anti-dumping duty on cycles and parts.

Source : hindustantimes.com