The government is also considering the introduction of a credit system for such imports, with a final decision likely once domestic production in India reaches a critical threshold.
The strategy, a source said, mirrors the approach that successfully attracted investment in the tyre manufacturing sector where the government temporarily eased import restrictions on certain tyre categories, contingent on establishing local manufacturing facilities.
Bu hikaye Financial Express Pune dergisinin December 25, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Financial Express Pune dergisinin December 25, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Quick, quicker, quickest...
SPEED THRILLS, AND how. Just six months ago, the opportunity for quick commerce was estimated at $30 billion by 2030, up from $6 billion in 2024.
At the G, India up against Head-strong Australia
● In-form batter declared fit for Boxing Day Test
Office Leasing in Top Six Cities Hits Record: Report
WITH RISING DEMAND of premium workspaces, real estate consultant Anarock has said that realty firms are currently developing around 250 lakh square feet of office space across major cities for catering to the requirements of domestic and foreign companies.
Prosperity through cooperation
IN JUNE, THE United National General Assembly (UNGA) adopted a resolution proclaiming 2025 as the International Year of Cooperatives with 'Cooperatives Build a Better World' as the theme.
₹ Impact on Auto Sector
Shopping ₹1.6 lakh crore cropped up in the primary market in 2024 by 90 firms, the highest for a year, topping the ₹1.19 lakh crore raised through IPOs in 2023.
Yoon Defies Second Agency Summons Over Martial Law
SOUTH KOREA'S SUSPENDED President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.
China Avoids Rate Cut to Brace for Future Pressure
CHINA REFRAINED FROM cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.
Azerbaijan Airlines plane crashes in Kazakhstan, many feared dead
AN EMBRAER PASSENGER jet flying from Azerbaijan to Russia crashed near the city of Aktau in Kazakhstan on Wednesday with 62 passengers and five crew on board, Kazakh authorities announced, saying 32 survivors had been rescued.
Russia Launches 'Inhuman' Christmas Day Attacks
Russia attacked Ukraine's energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an \"inhuman\" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.
Honda-Nissan deal may hold key to fight against BYD
HONDA MOTOR ABSORBING Nissan Motor could give the two struggling Japanese brands the scale they need to take on China's BYD, sales figures released on Wednesday show.
