Fear of coming change in US sends shock waves down Morbi's famed tiles cluster :-ET

 

Fear of the coming anti-dumping duty in US has sent ripples across the ceramic tiles landscape in Morbi, the world’s second largest ceramics hub, ToI reported on May 31. The US govt has yet to official start levying the duty, but the tiles companies in Morbi are already worried, the report (by Niyati Parikh) said.

They allege that a minimum of 25% of US orders have been suspended, with potential for further halts following the petition for anti-dumping duty submission to the US government.

This setback comes amidst already reduced demand, attributed to increased duties in Gulf Cooperation Council (GCC) countries and economic deceleration in Europe.

KG Kundariya, former president, Morbi Ceramic Association, told ToI: “The US ceramic tiles business is heavily import dependent and India is one of the exporters. Lately, tile makers in the US have moved a petition seeking to impose anti-dumping duty on ceramic tiles imported from India. There are fears among US companies that they may have to end up paying heftier import levies if the duty is imposed in retrospective effect. As a result, many have currently halted orders to India."

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