Remove anomaly of inverted duty structure: Dr Raghupati Singhania

Tyre industry looks forward to announcements that will create a level-playing field Indian players

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Dr Raghupati Singhania, CMD, JK Tyre & Industries

Dr Raghupati Singhania

Last Updated : Jan 27 2017 | 4:17 PM IST

The industry is looking forward to the Budget with great hope and expectations. We expect positive announcements by the Finance Minister to give the much needed impetus to the tyre industry, which has been suffering for some time, more so in November.

As spike in rubber prices in India touches a two-and-a-half-year-high, removal of the anomaly of inverted duty structure for domestic players remains the top priority for providing a level-playing field, which is in keeping with the spirit of Make in India.

We are also hopeful that Arun Jaitley will take cognisance of the uninterrupted dumping of cheap Chinese tyres coming

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