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Vedanta group firm Hindustan Zinc Ltd on Monday said it has partnered with Tata Steel to expand the use of its low-carbon zinc solution, EcoZen, in steel manufacturing. The partnership highlights both firms' resolve to weave climate priorities into their core operations and sourcing strategies. "Hindustan Zinc... has strengthened its longstanding association with Tata Steel to expand the integration of EcoZen, its lowcarbon zinc solution into sustainable steel manufacturing," Hindustan Zinc said in a filing to the BSE. EcoZen is produced using renewable energy and has a verified carbon footprint of less than one tonne of CO equivalent per tonne of zinc -- about 75 per cent lower than the global industry average. By significantly reducing emissions at the raw material stage, EcoZen enables downstream industries to lower value-chain emissions and advance their decarbonisation goals. "Our partnership with Tata Steel is a significant milestone in scaling up the adoption of low-carbon
German furniture fittings maker Hettich has inaugurated its new manufacturing facility in Indore, Madhya Pradesh, eying to position India as a key global manufacturing hub. This is Hettich's first dedicated undermount drawer runner manufacturing facility in India and forms part of the company's overall investment of approximately Rs 2,000 crore in the country, the company said in a statement. The new 25,700 sq. metre automated plant, located within Hettich's 103,039 sq. metre Indore facility, reinforces its long-standing commitment to the country, brings German engineering to India while expanding jobs, exports and local manufacturing capabilities, the statement added. "Hettich's hinge manufacturing unit at the Indore facility has an annual production capacity of approximately 60 million hinges. With the addition of the new Quadro plant, the facility will further produce around 5 million units of undermount drawer runners annually, significantly strengthening Hettich's manufacturing
The revenue department will roll out the 30-day duty deferral facility for eligible manufacturer-importers from next month, which will help such importers to better manage their liquidity, a senior official said on Thursday. Finance Minister Nirmala Sitharaman in Budget for 2026-27 had proposed to provide eligible manufacturer-importers the same duty deferral facility as is available to Authorised Economic Operators (AEOs). This was done to encourage such importers to get themselves accredited as a full-fledged Tier 3- AEO in due course. The Budget had also enhanced the duty deferral period for Tier 2 and Tier 3 AEOs from 15 days to 30 days. Speaking at the National Symposium on Customs Reforms-2026, Revenue Department Joint Secretary (Customs) Anupam Prakash said presently there are about 6,000 entities which operate under the Customs "trusted ecosystem", of which 1,500 entities have AEO T2 and T3 accreditation. "We want to increase the number of entities in trusted scenarios. Fo