THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Tuesday, May 01, 2001

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Industry

Automobiles
`Lead acid battery units hit by cheap imports'
THE lead acid battery industry, accounting for an estimated turnover of Rs 2,000 crore, has been severely hit by cheap imports and import duty anomalies between raw material and finished products, according to Mr S. Chand, Vice-President of the Indian Ba ttery Manufacturers' Association (IBMA).

Textiles
Non-branded garments -- Fabric makers seek rethink on excise
THE Confederation of Indian Weaving Industry (CIWI), a body representing fabric producers in the decentralised powerloom sector, has said that the Government's decision to extend the levy of excise duty on non-branded garments would hurt the fabric produ cers in the decentralised powerloom sector.

Tyres
Passenger car tyre imports declining
NEW DELHI: This certainly spells good news for the domestic tyre manufacturers who have been apprehending increased imports of passenger car/jeep radials into the country.


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