The aluminium industry has called on the government to increase import duties on primary and downstream aluminium, as well as customs duties on aluminium scrap, to limit the influx of low-quality scrap. In FY24, over 55% of domestic consumption was met through imports, as local capacity expansion remained sluggish. The...
The reduction in import duties on mobile phone components by the Finance Ministry of India represents a significant policy shift, potentially impacting both domestic and international stakeholders. While the measure is anticipated to benefit major manufacturers such as Apple and Samsung, it has prompted debates within the industry regarding the...
Suvankar Sen, Director, Senco Gold and Convener, SEZ Committe, GJEPC, talks about the role of SEZs in the growth of gems and jewellery exports, and policy interventions that can help the sector achieve its US$ 100 billion export target and become a global hub. The share of the gems &...
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