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India Plans $1.2 Billion Incentive Scheme to Boost Advanced Construction Equipment Manufacturing

India is preparing a $1.2-billion incentive scheme to boost domestic manufacturing of advanced construction equipment, including TBMs, firefighting systems and elevators.

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Steel Duty Hike Could Dent MSME CE Manufacturers, Warns JCB India CEO

The proposed 12% safeguard duty on imported non-alloy and alloy steel flat products could sharply impact micro, small and medium enterprises (MSMEs) in...