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HFCL Exempt From Anti-Dumping Duties, Aiding Europe’s Digital Growth

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  • The anti-dumping duties specifically apply to single-mode optical fiber cables originating in India, with notable exclusions.
  • Cables below 500 meters in length with operational connectors and submarine use cables featuring plastic insulation and metal modules containing fibers are exempt from these duties.

Anti-dumping laws are designed to protect domestic industries from unfairly priced imports. In November 2021, Europe had already imposed anti-dumping duties on OFC imports from China. These measures were further tightened in August 2023, doubling the duties after an investigation revealed that Chinese exporters were undermining the initial sanctions.

This ruling follows a complaint filed by Europacable on October 3, 2023, representing the European industry of OFC manufacturers. Europacable alleged that Indian OFC imports were being dumped in the European market, adversely affecting local manufacturers.

The recent investigation into Indian companies resulted in the imposition of anti-dumping duties on all Indian optical fiber cable (OFC) manufacturers except for HFCL and its subsidiary, HTL Limited. The Commission’s decision, following an extensive investigation, highlighted the company’s full cooperation and transparency, finding no evidence of dumping. This exemption underscores the company’s commitment to fair trade practices and international regulations, setting them apart from other Indian manufacturers. By adhering to these principles, it sets a benchmark for Indian manufacturers aspiring to compete globally, enhancing India’s reputation as a reliable and competitive player in international manufacturing, in line with initiatives like “Make in India for the World.” The exemption also significantly supports Europe’s digitalization goals, as high-quality optical fiber cables are essential for expanding high-speed internet access and enhancing digital infrastructure across the continent.

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The investigation timeline is as follows:

– On October 3, 2023, Europacable filed a complaint, initiating an anti-dumping investigation into Indian optical fiber cable (OFC) imports.

– By November 16, 2023, notices were sent to Indian OFC manufacturers, and the European Commission requested initial sales data from export producers, selecting several companies based on their export volumes.

– On January 5, 2024, HFCL fully cooperated, providing comprehensive data covering manufacturing, sales, exports, and pricing for October 2022 to September 2023, along with detailed records for the past three financial years.

– From April 11 to April 22, 2024, European Commission members conducted a physical verification at HFCL’s facilities, meticulously examining whether it was undercutting prices in Europe compared to its domestic sales prices.

– Finally, on June 14, 2024, the European Commission issued a provisional ruling, exempting HFCL’s products from anti-dumping duties. This decisive ruling reaffirms the company’s position in the European market and sets a precedent for fair business practices in the international trade of optical fiber cables.

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