Indian Steel Makers Should Prefer Domestic Suppliers over Imports for Long Term Gains: Piyush Goyal

Indian Steel Makers Should Prefer Domestic Suppliers over Imports for Long Term Gains: Piyush Goyal

Get latest articles and stories on Business at LatestLY. "You should see your supply chains. Wherever there is an Indian supply, you will give preference to that Indian supply, and not conveniently import your requirements to the detriment of some other Indian company or manufacturer," the minister said. Business News | Indian Steel Makers Should Prefer Domestic Suppliers over Imports for Long Term Gains: Piyush Goyal.

Piyush Goyal warns against trade diversion via India by other countries

NEW DELHI : India would not lend itself to be used for transshipment of exports of countries facing high tariffs in the US as it will dent its image of a trusted trade partner, Commerce and Industry Minister Shri Piyush Goyal said Friday. The US has imposed 145% tariffs on imports from China while for other additional tariffs are just 10%. This difference is a major disruptor of global trade flows and is prompting companies to rethink their sour…

India won't allow transshipment of goods to other regions: Piyush Goyal - India Seatrade News

Commerce and Industry Minister Piyush Goyal said on Friday that India will not allow irregular practices and trans-shipment of goods from its soil to other regions. “At no point of time, will we allow India to become a route for trans-shipment for breaking the rules of origin, so that other countries bring material into India, maybe do little bit of processing and supply it to a third country, calling it a made-in-India product,” Goyal said at a…

Piyush Goyal Calls Steel Makers' 500-Million Tonne Output Target 'Sub-Optimal'

Union Minister Piyush Goyal on Friday said the target of achieving 500 million tonnes of steel production is a 'sub-optimal' one and the industry should aim for a higher target amid increasing per capita consumption of the metal in the country.The minister was delivering his keynote address at the 6th edition of Steel India 2025 event, hosted jointly by the Ministry of Steel and the Federation of Indian Chambers of Commerce and Industry, which s…

New Indian tariff aims to curb Chinese steel surge, bolster domestic producers

New Indian tariff aims to curb Chinese steel surge, bolster domestic producers April 25, 2025 Posted by: Quatro Strategies Categories: Asia Pacific, India, Mining & Metals No Comments Subscribe to unlock this insight. START YOUR TRIAL NOWALREADY A MEMBER? .vc_custom_1452662201783{margin-right: 0px !important;margin-bottom: 40px !important;margin-left: 0px !important;}.vc_custom_15…