Wire & Cable India

Tag : Union Budget

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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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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 Generation Companies to Gain From Discom’s Revival: Union Budget 2021

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The USD 41 billion plan intends to trim electricity losses, gradually narrow discoms’ cost-revenue gap, improve the reliability and quality of power supply, and promote more sustainable competition. February 2, 2021 The Government of India’s plan to improve the operations and finances of state-owned distribution companies (discoms), the weakest link......
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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......