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India plans to increase import duties on more than 50 products

Published On 28 Jan 2020 10:25 AM


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NEW DELHI (Reuters)-India plans to increase import duties on more than 50 products including automobiles, electrical goods, chemicals and crafts, targeting about $56 billion in imports from China and elsewhere, officials and industry sources said.

Finance Minister Nirmala Sitharaman was able to make the statement when she unveiled her annual 2020/21 budget on Feb. 1, along with other stimulus measures to stimulate slowing economic gr....


Tags : automobiles, electrical goods, chemicals , crafts, IKEA, ASEAN,
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