By: ICN Bureau
Last updated : July 17, 2026 4:33 pm
India reinstates normal import duties on 40 critical petrochemicals
India reinstates normal import duties on 40 critical petrochemicals
India’s temporary import duty waiver on 40 critical petrochemical products expired on July 15, 2026, reinstating a 7.5% basic customs duty to protect domestic producers. The move impacts industries reliant on raw materials like PVC, methanol, and PTA following the conclusion of the exemption intended to stabilize supply chains.
India Pesticides receives TEQ approval in EU for fungicide product
India Pesticides Limited has received Technical Equivalence (TEQ) approval in the European Union (EU) for one of its Fungicide products. This achievement marks a significant milestone in the company's global expansion strategy and is expected to strengthen its export business by enhancing access to the European market.