The European Commission has imposed anti-dumping duties ranging from 8% to 11.4% on Indian optical fibre cable (OFC) manufacturers. This includes companies such as Sterlite Technologies, Birla Cables, Universal Cables, and Vindhya Telelinks, among others, that were exporting OFC to Europe. Following a thorough six-month investigation, which involved physical inspections at the factory premises of these companies, the Commission made the decision last week to apply duties to ten companies. However, HFCL was exempted from the duty as it was found to be adhering to fair business practices. Sterlite Technologies Ltd and its subsidiary, Sterlite Tech Cables Solutions Ltd, face the highest anti-dumping duty of 11.4%, while Birla Cables, Universal Cables, and Vindhya Telelinks are subjected to a duty of 8.7%. Other associated companies, including ZTT India, UM Cables, Aksh Optifibre, Apar Industries, Polycab India, and Aberdare Technologies, have been levied a penalty of 9.9%, as per a notification issued by the Commission on 14 June.
