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Downstream aluminium industry says duty structure hurting competitiveness, seeks relief
Downstream aluminium manufacturers are urging the government to reduce import duties. Higher global metal prices and freight costs pressure small businesses. A duty cut could ease input costs and improve capacity utilization. Primary producers may resist this move due to current pricing benefits. This situation impacts sectors like cables, conductors, and extrusions.
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thehindubusinessline.com
Inverted duty structure in aluminium, a concern
The FTA-driven inverted duty structure is impacting downstream MSMEs more than the bigger upstream firms. It should be reviewed
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economictimes.indiatimes.com
Downstream aluminium industry says duty structure hurting competitiveness, seeks relief
Downstream aluminium manufacturers are urging the government to reduce import duties. Higher global metal prices and freight costs pressure small businesses. A duty cut could…