Increase import duty on tyres to 20%

During 2013-14, tyre demand is estimated to have grown by a muted 1%, largely aided by two-wheelers and tractors, even as demand from LCV and PV segments fell. This follows a 2% de-growth witnessed......

Tyres: Correct the anomaly on customs duty

Tyre industry in India, stands at around Rs 25000 crore in FY 10, and is one among the few countries which produces - tyres nearly satisfying its domestic demand. The Indian tyre industry is net......

Capital goods: Retain customs duty on metals

As domestic metal prices will rise faster than global prices if customs duty on metals is hiked, the capital goods sector seeks retaining them at current levels. Indian capital goods industry that......

Tyres: Cut customs duty on inputs

The Tyre Industry is one of the industries that have been majorly affected by the global economic meltdown. The Net Profit margins of the industry has drastically declined to 0.96per cent in FY 09......