Meldingen uit de sector importeren/exporteren

India is the world’s largest cotton grower. On Monday, Finance Minister Nirmala Sitharaman said that a 10% duty on imports of the fibre would be imposed to help farmers. According to the minister, the government also raised the levy on raw silk and silk yarn to 15% from 10%.

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According to India Pulses, the government's decision to levy agriculture infrastructure and development cess of 20%-50% on imported pulses will not have any impact on prices as the rise in cess will be neutralised by lowering customs duty and Grains Association (IPGA).

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On Monday, the Government of India said that it would temporarily withdraw duties on some steel products imposed to stop dumping mainly from China, after a spike in domestic prices hit job-creating small and mid-sized manufacturing companies.

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On Monday, the government proposed to increase import duty on solar inverters and lanterns or lamps but did not go ahead with its plan to impose a basic customs duty on solar equipment across the board to boost domestic manufacturing.

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Struggling with losses because of low export due to the Covid-19 pandemic, the leather goods manufacturers and exporters chambers said that the Union budget 2021 offers withdrawal of a few exemptions to leather imports and imposes a custom duty of 10%, a move which would affect the competitiveness of the industry.

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According to exporters, steps announced to develop modern infrastructure and rationalisation of customs duties on multiple products would help promote domestic manufacturing and boost exports. S K Saraf, Federation of Indian Export Organisations President, said that modern infrastructure makes exports competitive as it helps reduce logistics costs.

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Australian food exporters are caught in a global supply chain crisis as a scarcity of food-grade shipping containers drives up costs and slashes fresh produce's shelf life. After the grounding of international airlines all but crushed the air freight trade, many producers looked to the sea as an avenue to the market.

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The Bhusawal division of the Central Railways is dedicating freight corridor (DFC). It will connect the east and west corridors. The corridor will make sure timely delivery of perishable goods from the Nashik region to the markets in easter India.

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On Monday, manufacturers said that the imposition of sharp 10% customs duty on the import of finished leather products would increase the price. The hike would also make it challenging for the manufacturers of footwear and other leather products to remain competitive in exports due to higher input costs.

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