New Delhi, Sept. 6 -- OnSeptember 5, 2025,Yogesh Mandhani, President of theAIIFA Sustainable Steel Manufacturers Association, emphasised the pivotal role of Goods and Services Tax (GST) reforms in countering the adverse impact of U.S. tariffs on India's economy.

Mandhani noted that by rationalising GST, the reforms have effectively stimulated demand and provided much-needed support to the domestic secondary steel sector, which currently contributes47%of India's total steel production.

He also highlighted the sector's moderate capacity utilization-hovering between68-70%-and suggested that targeting export markets could further enhance efficiency and utilization.

Beyond tax relief, Mandhani called for complementary policy moves, includin...