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GTRI urges simplified customs duty structure to boost manufacturing and exports

According to GTRI, currently, 85% of tariff revenue is generated from just 10% of tariff lines or product categories, while 60% of tariff lines account for less than 3% of total revenue. Read more

GTRI calls for steel sector assessment before safeguard duty imposition

The Directorate General of Trade Remedies (DGTR) began an investigation last month into imports of ‘Non-Alloy and Alloy Steel Flat Products,’ which are used in various industries such as construction, automotive, and electrical panels. Read more

Port delays and regulations strain India’s steel user industries: GTRI

Policies designed to protect domestic steelmakers, such as import restrictions and quality control measures, have inadvertently hurt industries dependent on imported steel, undermining their production and export capacities.Read more

India urged to expand local vaccine manufacturing and research: GTRI

The think tank recommended that the Indian government investigate all adverse health events post-vaccination.Read more

Transformer steel shortage threatens India’s energy ambitions: GTRI

CRGO steel, essential for reducing energy loss in transformer cores, plays a pivotal role in the country’s power distribution network. Read more

India’s solar equipment imports may reach $30 billion by 2030

Currently, around 90% of India’s solar manufacturing is limited to assembling modules from imported cells, with only 15% local value addition.Read more

India's new machinery safety rules to affect over 150,000 manufacturers

The MSME sector, which contributes about 30% of India's GDP and over 45% of exports, is voicing concerns and seeking an extension of the deadline.Read more

High freight costs and container dependence knock India's exports; GTRI

Freight rates for Indian exporters to Europe and the US have more than doubled over the past year, partly due to disruptions in the Red Sea.Read more

GTRI warns of India becoming an 'EV colony' for China

GTRI urged the government not to rush into providing significant incentives, warning that doing so could increase India's reliance on Chinese imports. Read more

New safety regulations for machinery to impact MSMEs; GTRI

The regulations will impact around 90% of the estimated 150,000 manufacturers, affecting over 50,000 types of machinery, including critical industrial equipment such as pumps, compressors, cranes, and transformers.Read more

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