plastics

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    US-Iran Ceasefire & Hormuz Reopening Ease Shipping Disruptions

    New Delhi, April 8 The announcement of a ceasefire between the US and Iran, along with the reopening of the Strait of Hormuz, will provide immediate relief to exporters by easing shipping disruptions, FIEO said on Wednesday.US President Donald Trump announced a two-week suspension of military...
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    Raw Material Costs Rise: Plastics Industry Calls for Government Support

    Kolkata, April 6 The Indian Plastics Federation (IPF) on Monday urged the Centre to declare plastics as an essential commodity in the face of sharp disruptions in polymer supply and prices caused by the ongoing crisis in the Middle East.The industry body said the sector is facing a severe cost...
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    Petrochemical Duty Cut: Relief for Cement and Consumer Goods

    New Delhi, April 3 Industries ranging from consumer goods to cement, which are facing challenges from rising production and packaging costs amid geopolitical tensions in West Asia, expect the government's move to reduce customs duty on a range of petrochemical products to provide much-needed...
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    India’s AC Sales Surge Amidst New Regulations and Supply Chain Challenges

    New Delhi, April 2 LG Electronics India announced on Thursday that it had sold over a million air conditioners in the first quarter of 2026 and claimed to be a "leading player" in the category.However, Tata Group firm Voltas disputed this claim, stating that it still leads the residential air...
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    Petrochemical Duty Exemption Amid Middle East Crisis

    The government announced today that full customs duty exemptions will be provided on critical petrochemical products until June 30th this year, amid the ongoing crisis in the Middle East. Addressing the media at an Interministerial Briefing on Recent Developments in the Middle East, Sanjay...
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    Petrochemical Import Duty Relief Amid West Asia Crisis

    New Delhi, April 2 The government on Thursday exempted the import of critical petrochemical products from customs duty for three months, until June 30, to ensure supply stability and provide relief to consumers of finished products amid the crisis in West Asia.Sectors that rely on...
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    Petrochemical Import Duty Exemption Amid West Asia Crisis

    New Delhi, April 2 The government on Thursday exempted the import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia.The duty exemption, which is valid until June 30, will benefit...
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