Supreme Court breather for optic fibre firms

 The apex court has set aside the Cegat stay order on the implementation of the anti-dumping duties imposed in December 1999, resulting in an import duty of around $3 -$8 per fibre km.

 Fibre optic manufacturers Sterlite Optical, Finolex Cables, Aksh Optical will be the major beneficiaries as a result of protection from low-priced Korean products.

K S Rao, marketing director, Sterlite Optical, told Business Standard,