A final verdict has been reached on the anti-dumping case brought by Indian injection molding machinery manufacturer L & T Demag Plastic Machinery Ltd. (Chennai) against Chinese-made competitors, with the Indian government slapping anti-dumping tariffs ranging up to 223% on injection molding machinery exported to India from the People’s Republic of China.
Haitian’s Franz: India’s anti-dumping move a political decision.
At the world’s largest (by units manufactured and sold) manufacturer of injection molding machines, Haitian (Ningbo, China), the decision was quickly labeled unfair, with Haitian chief strategy officer Helmar Franz telling MPW that his company has been hit with a 100% tariff. Franz derided the Indian government’s decision as a politically driven one. “For one, our machines are not competing with local offerings. Secondly, our pricing in India is not lower than our pricing anywhere else in the world,” he said during the Chinaplas tradeshow last week.
Franz predicts processors will have difficulty finding the best machines with the tariffs in place, and could end up transferring their operations to other countries such as Nigeria. “The Indian processing industry will be the big loser,” says Franz.
The decision could impact the growth of India’s molding community. As we reported from the Plastindia trade show in New Delhi in February, India’s injection molding machinery/capacity demand is expected to grow by about 6%/yr through at least 2015.
According to Milind Aginhotry, director of injection molding machine manufacturing operations at Electronica Machine Tools (Pune, India), total press sales in India were 2487 in 2005/06, 2899 in 2006/07 and 3138 in 2007/08. Electronica is the exclusive importer of Haitian’s injection molding machinery to India, but the firm plans to assemble the Haitian Saturn-series machines in India for the domestic market. —firstname.lastname@example.org