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Stainless steel industry seeks import duty cut on key raw materials

ISSDA seeks exemption of the 2.5 per cent basic customs duty levied while importing key raw materials

Government keen on CEM legislation

The government is planning a Construction Equipment Manufacturing (CEM) legislation to introduce a separate regulatory framework and Act for off-highway equipment. According to Heavy Industry Secretary Girish Shankar, the proposed legislation is similar to the Central Motor Vehicle Rules. It will cover construction equipment that is not wheeled and aim to counter use of spurious parts.

Indo-German trade volume grew 13.5 per cent during first half of 2015

German companies in India are looking forward to the implementation of GST in 2016 which would help in the ease of doing business here, says Rajesh Nath, Managing Director, VDMA India.

India may relax tariffs on auto parts

India is likely to take a ?flexible approach? on tariffs on auto components in the free-trade agreement negotiations with the European Union. The 28-nation block is keen to restart talks on the comprehensive free trade agreement (FTA).

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