Imports

MUMBAI: The city-based Process Plant and Machinery Association of India (PPMAI), which represents the capital goods and process equipment manufacturing industry in the country, has urged the government to reduce the import duty on steel and stainless steel and other metal products to 7.5 per cent level to keep capital goods industry in good health. "The Indian capital goods sector, presently with an output of Rs 2,50,000 crore, contributes nearly 2 per cent to the GDP and creates over 10 million employment. We have urged the government to reduce import duty on on raw materials including steel and stainless steel to 7.5 per cent from 12.5 per cent," PPMAI Secretary General V P Ramachandran said in a statement here. "As far as raw material steel is concerned, import duties have been raised in several steps from 5 per cent to 10/12.5 per cent for carbon and alloy steel and to 7.5 per cent in case of stainless steel. The steel prices have also risen sharply in the World market as also … [Read more...] about PPMAI urges govt to cut import duty on steel, metal products

Besides importing live hogs, many local businesses have also increased the import of piglets for reproduction of pig herds in the domestic market, according to the ministry. From the beginning of this year until now, the enterprises imported 110,000 piglets. They have plans to continue importing 10,000 piglets next month. … [Read more...] about Local firms have permission to import live hogs: MARD

The MARD says firms are required to comply with existing regulations on the import quarantine and ensure safety measures are kept with regard to preventable diseases for domestic livestock, in addition to implementing quarantine regulations on imported pigs for a period of 30 days. Once the COVID-19 epidemic is successfully brought under control, the quarantine of imported pigs from other nations into Vietnam will be deployed in accordance with existing regulations and procedures. … [Read more...] about Live pigs to be imported to lower domestic prices

Authorities have been increasing pork imports to lower domestic prices. Vietnam so far this year has imported 67,000 tonnes of pork at an average prices of VND60,000 ($2.6) per kilogram, half the domestic figure. … [Read more...] about Vietnam greenlights live pig imports

The Southeast Asian country has already increased imports of breeding sows and frozen pork by 300 percent year-on-year in the first four months, Tien said in a report at the beginning of this month, in a bid to cool prices of the staple food for its population of more than 96 million.  … [Read more...] about Vietnam allows import of live pigs for slaughter for first time