Wire & Cable India

Tag : Nirmala Sitharaman

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Union Budget 2021: Wire and Cable Industry Views

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 Finance Minister Nirmala Sitharaman presented her third Budget — Union Budget 2021. Key industry leaders share their view and feedback. Here is a compilation. Mr. Anil Gupta, Chairman-cum-Managing Director, KEI Industries Ltd. “The prime objective of Union Budget 2021 is to boost and revive the economy that suffered a......
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Centre Asks Kerala to Begin Land Acquisition for INR 64000 Crore High Speed Rail Project

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Finance Minister Nirmala Sitharaman has asked K-Rail to expedite land acquisition for the most ambitious high speed rail project of the Malabar Coast state. This project is anticipated to bring in huge infrastructural upsurge and drive the demand for wires and cables. February 7, 2021 The Union finance ministry has......
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Government Plans Two New Bullet Train Lines in Maharashtra

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The new bullet train lines are anticipated to bring in huge infrastructural upsurge and drive the demand for wires and cables. February 2, 2021 At a time when Mumbai-Ahmedabad high-speed bullet train project is moving at snail’s pace; the Government of India is looking at two new lines; Mumbai-Nashik-Nagpur and......
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Power Discoms to Receive INR 90000 Crore Liquidity Support to Fight Covid-19 Crisis

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This one-time time liquidity infusion will be used to pay the central public sector power generation companies, transmission companies, independent power producers and renewable energy generators. May 14, 2020 As part of its strategy to bring India’s battered economy back on track, the government will provide INR 90000 crore liquidity......
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Union Budget 2019 Proposes Hike in Customs Duty on Stainless Steel Items and Alloy Steel

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The Union Budget 2019 also proposes an increased duty on alloy steel and wire of other alloy steel to 7.5 percent. July 6, 2019 The government has proposed to increase customs duty on stainless steel products by 2.5 per cent to 7.5 per cent. The current customs duty on stainless......