search Result

Industry urges customs duty cuts for green hydrogen viability in India

Renewable energy devices such as solar modules face substantial customs duties and taxes upon import, rendering the establishment of Green Hydrogen facilities economically uncompetitive, according to experts.Read more

India eyes duty concessions on EVs through bilateral FTAs, ruling out Across-the-Board cuts

The preference for FTAs arises from the challenge of implementing a uniform duty cut for all companies, making bilateral agreements more viable.Read more

DGTR initiates probe into extending anti-dumping duty on Chinese aluminium alloy wheels

Companies such as Kosei Minda Aluminium Company, Maxion Wheels Aluminium India, Minda Kosei Aluminium Wheel, and Steel Strips Wheels have jointly submitted an application representing the domestic industry.Read more

Exporters call for enhanced benefits and expansion of RoDTEP Scheme

The Federation of Indian Export Organisations (FIEO), representing exporters, highlights disparities in refund rates. For instance, while aluminum bars and rods receive a RoDTEP refund rate of 2.2%, their value-added counterparts only get 1.2%.Read more

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

India proposes Anti-Dumping Duty on Chinese glass for home appliances

Following a complaint from a domestic player, the Directorate General of Trade Remedies (DGTR), an investigative arm of the commerce ministry, conducted an inquiry into alleged dumping of Read more

Budget 2023: Revving up manufacturing with duty revisions and capex boost

By allocating Rs 10 lakh crores for capital expenditure (which would be 3.3 per cent of GDP) and making minor changes in the basic custom duties, cesses and surcharges on some components, the budget aims to provide more opportunities for local manufacturing.Read more

NORD offers gears for heavy duty logistics

For heavy duty applications in logistics, NORD Drivesystems provides a comprehensive range of drive solutionsRead more

Igus’ tribo polymer plain bearings improve lifetime in heavy duty application

With the range of maintenance-free, lubrication-free, tribo polymer plain bearings, igus can offer solution to heavy duty applications without need of greasing. These bearings offer high wear resistance at high loads.Read more

India records 54% jump in engineering goods exports in 9M 2021-22

Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016