The export competitiveness of the domestic chemical industry has been improved as India-USA and India-EU Free Trade Agreements (FTAs) provides Indian chemical companies a level playing field with other developing nations and also offer benefits from duty differential with China, according to
Commerce Minister Piyush Goyal on Thursday addressed concerns that the Indian textiles industry would be hit by duty differentials vis-a-vis Bangladesh after the neighbouring country signed a deal with the US.
New Delhi [India], August 14 (ANI-BusinessWire India): Ruchi Soya on Monday welcomed the hike in import duty on edible oils announced by the government late last week, accompanied by an increase in the duty differential.