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“A few days ago, Indian Minister of Heavy Industry Vilasrao Deshmukh suggested Indian Pranab Mukherjee, Minister of Finance of India, impose a 10% import tariff on auto parts in the future budget. This is also the reason that Indian domestic manufacturers are facing Chinese auto parts continuously. Increased requirements."
Recently, Indian Minister of Heavy Industries Vilasrao Deshmukh suggested at the India National Manufacturing Summit that Indian Finance Minister Pranab Mukherjee imposes a 10% import duty on auto parts in the future budget. This is also the reason that Indian domestic manufacturers are facing increasing auto spare parts in China. The next request.
Jayant Davar, chairman of the Indian Automobile Parts Manufacturers Association, said that the government has been required to impose a 10% tariff on all imported auto parts. “At present, some parts and components, such as automotive engine parts, are irrigated at 7.5%. To protect domestic industries from low-priced imports, we call for a 10% tariff on all components regardless of end use.â€