Chemicals: Import duty reduction on feedstock sought

The Indian chemical industry currently stands at $134 billion and is expected to grow at a CAGR of 8% for the next five years. The share of this sector in the manufacturing GDP was 15% during......

Budget's impact on the FMCG sector

Basic Customs Duty on fatty acids, crude palm stearin, RBD and other palm stearin and specified industrial grade crude oils being reduced from 7.5% to Nil for manufacture of soaps and oleo......

AV Birla eyes $100 mn Indonesian venture

The Aditya Birla group plans to set up a joint venture with a speciality chemical company in Indonesia. The Birla group had forayed into Indonesia in 1973 by setting up PT Elegant Textiles, now the......