‘Severely damaging’: Domestic copper sector under strain; industry warns against ‘zero-duty imports under FTAs’
Cheap copper imports under multiple free trade agreements (FTAs) are “severely damaging” India’s domestic manufacturing system, the Indian Primary Copper Producers Association (IPCPA) said, urging the government to step in with safeguard duties and quantitative restrictions.The industry body said a surge in zero-duty copper imports is eroding India’s smelting and downstream manufacturing base, even as…