Cheaper Imports Hurt Indian Cement Industry
Cheaper cement imports from Pakistan are hurting the Indian Cement industry, which is already under pressure from the impact of low demand due to floods in major cement consuming states among other factors and high GST, cement manufacturers in Punjab and Kerala claim.There’s been no customs duty on cement imports from Pakistan since 2007, making it competitive in comparison to the Indian product, especially in the states bordering Pakistan. Also coastal access states like Kerala among others, import a sizeable quantity due to its cheaper costs.
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