Tyre manufacturers demand zero-duty natural rubber imports amid soaring domestic prices
Tyre manufacturing associations are urging the government to permit duty-free imports of natural rubber as domestic procurement rates touch ₹300 per kilogram. Industry representatives state that local output falls short of actual demand, putting continuous production and export competitiveness at risk.
Effective Not specified in the update
For professionals: Monitor upcoming trade policy announcements, import duty exemptions, or quota notifications regarding natural rubber imports for auto-ancillary clients. · Advise businesses heavily reliant on rubber inputs to review their inventory financing strategies, hedging mechanisms, and supply chain contracts.
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