West Asia Conflict: India waives customs duty on 40 petrochemicals till 30 June
India has waived full customs duty on 40 key petrochemical products till 30 June 2026, as the West Asia conflict disrupts global supply chains and raises input costs. The relief covers products such as methanol, PVC, styrene, and acetic acid, and is aimed at easing pressure on sectors such as plastics, packaging, textiles, pharma, chemicals, and auto components.
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