Budget 2026: The Seamless Tube Manufacturers' Association of India (STMAI) has requested a production-linked incentive (PLI) scheme for 10% of seamless pipe exports to boost growth. STMAI also urged a customs duty hike on imports from 10% to 20% to protect domestic producers from illegal imports. These proposals were discussed with the steel ministry.
from Auto-Industry-Economic Times https://ift.tt/4qFBD2m
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