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India: Central Govt imposes Anti-Dumping Duty on Aluminium Foil Imports from China ๐น What Happened? The Government of India imposed definitive anti-dumping duty (ADD) on aluminium foil (โค80 microns thick) imported from China. ๐ Implications ๐ญ For Indian Aluminium Foil Industry Boost in competitiveness: Protection from underpriced imports. Capacity growth likely: May lead to increased domestic investment and innovation. Potential for long-term supply stability and improved product standards. ๐ฒ For Food and Packaging Industries 1. Cost pressures: Rise in aluminium foil prices due to added import duties. Likely increase in costs for packaged foods, tea bags, spice pouches, etc. 2. Impact on SMEs: Smaller packaging firms may face profit margin erosion. Potential downstream price hikes for consumers. 3. Sourcing adjustments: Companies might need to shift to local suppliers, which could initially lead to supply and quality mismatches for specialized foil grades.
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Chinese-owned Motorola is planning to establish a manufacturing facility in India, likely as part of its strategy to expand its presence in the region. The move comes as the company seeks to mitigate the impact of higher tariffs imposed by former U
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In the automotive component space, even small issues in packaging can result in part damage, increased rejections, or inefficiencies during transit and storage. With growing pressure on supply chain timelines and part precision, standardized and reli
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Epirus Secures $250 Million to Enhance Anti-Drone Defense Systems Defense technology startup Epirus has raised $250 million in a Series D funding round to scale up production of its anti-drone weapons. This funding surge aligns with increased demand
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Dixon to Manufacture Electronic Components; Tata Electronics Plans โน2,000 Crore Investment Under ECMS Dixon Technologies, a leading electronics manufacturer, is set to expand its operations into the production of electronic components. In a signific
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