Indian manufacturers will continue to benefit from a full customs duty exemption on imported petrochemicals until July 15. This extension aims to stabilize input costs for sectors like plastics, packaging, and textiles, which are still navigating supply chain recovery post-West Asia conflict. The move ensures a steady flow of essential raw materials, bolstering domestic production and market availability as global supply chains gradually normalize.

The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims to support domestic industries facing…

The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15. This move aims to maintain supply…