Categories: Business

Leather, footwear sector seeks duty relief as Middle East crisis drives up input costs

India’s leather and footwear industry faces a 40-60% surge in input costs due to the Middle East crisis, impacting petroleum-based materials and imports. Industry representatives are urging the government for import duty exemptions on raw materials and machinery to mitigate these rising expenses and strengthen domestic manufacturing.

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The News Vista
4 months ago

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