New Delhi, June 5 -- Jindal Stainless Chairman Ratan Jindal has called on the Indian government to implement appropriate import duties to safeguard domestic industries, particularly micro, small, and medium enterprises (MSMEs), from the adverse effects of cheap imports from countries like China and Vietnam.
Speaking at the Global Stainless Steel Summit in Mumbai, Jindal emphasised the need for protective measures to ensure a level playing field for Indian manufacturers.
He highlighted that countries with excess production often divert surplus stainless steel through nations with Free Trade Agreements (FTAs) with India, such as Vietnam, thereby undermining the competitiveness of Indian MSMEs.
Jindal pointed out that while India's instal...
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