India, April 30 -- Automotive Tyre Manufacturers Association on Wednesday said it has asked the Government to extend policy support, including customs duty relief on critical raw materials, to mitigate supply chain uncertainties arising from the ongoing West Asia crisis.
The tyre manufacturers' body has made a representation to the Government seeking temporary customs duty exemption on key inputs, including polyester/nylon tyre cord fabric, bead wire, steel tyre cord, carbon black, processing oils, and petrochemical-based chemicals, the Automotive Tyre Manufacturers Association (ATMA) said in a
statement. "ATMA appreciated the recent decision to grant temporary customs duty exemption on select raw materials such as synthetic rubber and ...
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