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Congress general secretary Jairam Ramesh shared the media report on X which quoted Indian Stainless Steel Development Association (ISSDA) president Rajamani Krishnamurti as saying that Indian stainless steel players are bearing the brunt of heavy influx of cheaper Chinese imports, causing almost 30-35 per cent of medium and small businesses in Gujarat to shut shop between July-September last year. ....
Cong slams govt over impact of Chinese imports on Gujarat steel MSMEs devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Cheaper Chinese imports are putting pressure on the margins of domestic stainless steel players, causing the industry to file a petition last year urging the government to impose a countervailing duty on Chinese stainless steel imports. ....
Losses worth USD 110 billion occur every year in India due to corrosion in projects across sectors, industry body ISSDA said on Friday. As India moves towards a USD 5 trillion economy goal, dealing with a challenge like corrosion in projects should be a key focus area, Rajamani Krishnamurti, president of Indian Stainless Steel Development Association (ISSDA) said. ....