Rubber Industry Boost | GST Cut to 5% on Natural Rubber, Reclaimed Rubber | Commodity Central #ETNOW
Rubber Industry Boost | GST Cut to 5% on Natural Rubber, Reclaimed Rubber | Commodity Central
The rubber industry is set for transformation as GST on natural rubber, reclaimed rubber, and waste rubber is cut from 12% to 5%, benefiting agriculture, automotive, medical, and consumer goods sectors. Shashi Kumar Singh of the All India Rubber Industries Association shares insights on how this policy shift is reshaping raw material costs, demand, imports, and the growth trajectory of the industry, with potential long-term boosts to consumption and competitiveness.
#etnow #rubberindustry #gstreforms #gstnews #rubberprice #india #exports #imports #topnews
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