Comments
Tyre and rubber industries have welcomed the move by Kerala Government to support the small rubber growers.
Having come in support of the planters by procuring sheet rubber at enhanced prices, the tyre industry is happy to note that Kerala Government has planned to allocate ₹300 crore in the State Budget in support of the growers. This will go a long way in boosting the spirits of growers and revival of plantations sector, said Rajiv Budhraja, Director General, Automotive Tyre Manufacturers Association (ATMA).
We have always been in favour of direct support to the growers by the Government and therefore the move by the state government is timely and much desired. We hope the government will also look into the concerns of small rubber products manufacturers who have also been at the receiving end of cheaper imports from China and other countries, Mohinder Gupta, President All India Rubber Industries Association (AIRIA) said.
The industry has therefore asked for long pending correction in inverted duty structure by increasing import duty on finished products.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.