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Outlook for Indian rubber industry is positive
Rubber finds application in number of products, which are used in all industries. India is the third largest producer and fourth largest consumer of natural rubber in the world and also the fifth largest consumer of natural rubber & synthetic rubber put together. In this interaction with IPF, Kamal K Chowdhury, President, The All India Rubber Industries Association (AIRIA), discusses latest demand trend and India’s position in the global rubber industries market.Read more
GST: A structural reform propelling India's growth story with greater compliance
With Goods and Services Tax (GST) becoming operational from July 1, 2017, the whole government machinery is working day & night to ensure smooth roll out and efficiency at every step. While there are no two opinions about the long term benefits of the one-tax regime, there are concerns being raised by the industry with respect to implementation and initial compliance issues. Let’s look at the positive side first.Read more
