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Proposed safeguard duty on steel imports concern for Indian CE sector: ICEMA

The imposition of additional duties would exacerbate these challenges and could have a cascading impact on infrastructure development, which is crucial to India’s economic momentum. Furthermore, it risks undermining the CE industry’s export potential at a time when global markets are exploring ‘China plus One’ strategies to diversify their supply chains. Read more

Stainless steel industry seeks to reduce import duty on key raw materials

This move is expected to catalyse Make in India and also will spur the domestic market. Read more

Steel users collectively appeals over duty hike on steel imports

The 25 per cent safeguard duty on imports of steel will likely impact and affect many SME and MSME steel users across India and will lead to serious disruption in steel sector. Read more

AAI recommends increase in import duty on aluminium

Due to lack of policy support, 23 lakh tonnes of aluminium (ie, 58% of India's demand) were imported in India in FY19, resulting in a forex outgo of Rs 38,000 croreRead more

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