Union Budget 2018-19

Imports will not decline with Customs duty hike, say experts

“Increasing import duty alone does not help much as far as local manufacturing goes. For the latter to happen, there are changes required in industrial policy and that has not been spelt out in the Budget,”

Suresh Nandlal Rohira
Partner, Grant Thornton India LLP

This article appeared in Business Standard on 07th February, 2018.