India imposes anti-dumping duty on optical fibre imports from China, Korea and Indonesia
India imposes anti-dumping duty on optical fibre imports from China, Korea and Indonesia: Based on the recommendations of the Directorate General of Trade Remedies (DGTR), the revenue department has imposed an anti-dumping duty on Dispersion Unshifted Single-Mode Optical Fiber (SMOF) imports from China, South Korea and Indonesia.
Daily Current Affairs Quiz: August 2023
As reported by the Directorate General of Trade Remedies (DGTR), the domestic optical fiber industry has experienced detrimental consequences due to the surge of inexpensive and substandard imports from these nations. In response to these issues, the Finance Ministry imposed anti-dumping taxes on particular optical fibre imports from these nations, with the goal of mitigating the negative effects on domestic industry caused by the surge of such dumped imports.
Significant SMOF Consumption Driven by Telecom Rollout, Connectivity, and Defense Applications
Single-Mode Optical Fibre (SMOF) is widely used in the implementation of 3G/4G/5G networks by telecommunications firms, as well as in connecting gramme panchayats and improving defence infrastructure. Its applications span the production of various optical fiber cables, encompassing unit-tube and multi-tube stranded variants, tight buffer cables, both armored and unarmored cables, ribbon cables, as well as dry core cables.
SMOF’s primary use lies in high-capacity data transmission, long-distance communication, and facilitating access networks. As a result, it is widely used in long-distance communications, metropolitan area networks (MANs), cable television (CATV) systems, optical access networks, and can be adapted for shorter-distance network configurations.
Ensuring Fair Trade through Anti-Dumping Measures
- Anti-dumping actions are implemented to uphold equitable trade practices and establish a balanced competitive environment for the domestic industry. Their purpose is not to hinder imports or unjustly inflate product costs.
- Nations launch anti-dumping investigations to determine whether their domestic businesses have been harmed by a sudden inflow of imports priced below their production costs. In response, they impose duties in accordance with the global framework set by the World Trade Organization (WTO).
About Optical fibers
- Optical fibers are employed for the transmission of data through light pulses.
- These fibers are grouped together to create optical fiber cables, which facilitate the transfer of digital data signals as light over distances spanning hundreds of miles.
- When compared to electrical communication cables, this approach achieves higher throughput rates.
Key takeaways for competitive examinations
- Director General of the Directorate General of Trade Remedies: Sh. Anant Swarup