India's PVC import rule may raise housing costs
Synopsis India's new policy imposing a minimum import price on PVC resin is expected to result in higher domestic prices. This strategy supports local manufacturers
Synopsis India's new policy imposing a minimum import price on PVC resin is expected to result in higher domestic prices. This strategy supports local manufacturers but also elevates costs for downstream industries, putting additional financial strain on small businesses. Given the nation's substantial import reliance, this initiative is unlikely to lessen dependency significantly. The government's goal is to enhance local production in response to persistent market demand.
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