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DGTR recommends a 10% safeguard duty on single-mode optical fibre imports

DGTR recommends a 10% safeguard duty on single-mode optical fibre imports

The Directorate General of Trade Remedies (DGTR) on August 24 recommended a 10 percent safeguard duty on single-mode optical fibre imports. This duty would be imposed over a one-year period as it found that there has been a significant surge in imports for the product.

This decision came after Sterlite Technologies and Birla Furukawa Fibre Optics, approached the DGTR and said they were unable to compete with imports and regain their market share.

The DGTR also conducted a probe following an application filed by the firms.

Currently, the majority of single-mode optical fibre imports come from China. In fact, the imports increased from 1,903 FKM in FY 17 to 9,918 FKM in FY19.

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