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Small aluminium manufacturers hit by high cost of raw material due to import parity pricing: Report
Domestic aluminium MSMEs face higher raw material costs due to import parity pricing. A report highlights this pricing mechanism squeezes their operating margins significantly. This situation weakens the competitiveness of India's value-added manufacturing sector. The report suggests reducing basic customs duty on primary aluminium to zero. Such changes will boost domestic manufacturing and employment generation.
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thehindubusinessline.com
Study moots phased time-bound reduction of import duty on aluminium to zero
Report urges zero import duty on aluminium to boost MSMEs, enhance competitiveness, and support India's manufacturing and job growth.
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economictimes.indiatimes.com
Small aluminium manufacturers hit by high cost of raw material due to import parity pricing: Report
Domestic aluminium MSMEs face higher raw material costs due to import parity pricing. A report highlights this pricing mechanism squeezes their operating margins significantly. …