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India imposes anti-dumping duty on Chinese Steel amid Surging Imports

China managed to surpass South Korea to become the largest steel exporter to India, selling 0.6 million metric tons between April and July.Read more

Hydrogen can reduce imports by $ 160 bn for India: Dr Mashelkar

Green hydrogen is a disruptive game changer that can lead to innovation led exponential growth; India should pole vault to it, not leap frog: Padma Vibhushan, Dr R A MashelkarRead more

Raise basic custom duty on aluminum scrap to curb imports: Industry

As part of its Budget 2021 suggestions, the Indian aluminium industry has sought Government intervention to curb imports by raising the basic custom duty on primary aluminum and scrap imports to 10 per cent from current 7.5 per cent and 2.5 per cent respectively.Read more

For the first time India’s auto component exports exceed imports

The industry clocks turnover of Rs 1.19 trillion ($ 15.9 billion) in the first half of 2020-21 (April-September 2020) registering a de-growth of 34%, as per the data released by Automotive Component Manufacturers Association of India (ACMA).Read more

Loophole closed: DGFT disallows tyre imports via DFIA route

The DFIA was the only remaining loophole which allowed the import of tyres, rest were curbed in June by DGFT.Read more

Energising power sector

Indian electrical & electronics industry has been going through a rough patch even before COVID 19 struck the country.Read more

Dalmia-OCL launches refractory line for Magnesia Carbon to reduce imports

Magnesia Carbon brick is widely consumed by the steel industry and most of the current demand (about 300,000 tonne annually) is met through imports. Dalmia-OCL is putting up new capacity of 108,000 tonne for Magnesia Carbon brick in 3 phases.Read more

IEEMA to host virtual expo Digielec Bharat for electrical industry in Sept

Indian Electrical & Electronics Manufacturers’ & Association (IEEMA) wants to promote exports and position India’s indigenous electrical industry as an alternative to China through Digielec Bharat, which will be held virtually from Sept 24-27, 2020Read more

Ramp up R&D to reduce auto component imports: Amitabh Kant

Niti Aayog CEO added that there is need for new synergies such as with IT industry in the areas of power electronics. India must look at using the first mover advantage for producing all components for electric vehicles, thus driving towards the path of being a future global leader.Read more

Government may consider duty hike on RE imports

This hike is expected to reduce dependence on imports from China and develop components locally.Read more

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