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Hiking import duty on rubber will hit industry: Ceat

Government has been considering hiking import duty on rubber and the notification regarding the hike would be issued soon. Reacting to the news Manish Dugar, CFO, Ceat said, “We believe that if the hike is imposed then it will make us uncompetitive in terms manufacturing in the country and hence you will start seeing more of tyre imports”

first published: Mar 15, 2013 05:28 pm

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