India’s rubber industry seeks incentives, FTAs to offset impact of 50% US tariffs
India’s rubber industry is seeking government intervention to counter the impact of steep US tariffs, which threaten a ₹5,000–₹5,200 crore trade surplus. AIRIA President Sashi Singh told CNBC-TV18 the sector has requested export incentives, duty drawbacks, and more FTAs, while also focusing on diversifying exports to Europe and boosting domestic demand.
India’s rubber industry is seeking government intervention to counter the impact of steep US tariffs, which threaten a ₹5,000–₹5,200 crore trade surplus. AIRIA President Sashi Singh told CNBC-TV18 the sector has requested export incentives, duty drawbacks, and more FTAs, while also focusing on diversifying exports to Europe and boosting domestic demand.
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