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New Delhi [India], April 3 (ANI): India's condom market, valued at USD 861 million (approximately Rs 7,100 crore), is facing rising production costs and supply chain uncertainties amid the global war crisis, with industry stakeholders warning of potential shortages and price hikes in key raw materials. Also Read | Delhi Shocker: 18-Year-Old Arrested for Stabbing Man to Death in Shalimar Bagh and Posting Confession on Instagram. According to the sources, "The ongoing global shipping container s ...Read More >
The manufacture of condoms relies heavily on two critical inputs: silicone oil (used as a lubricant) and ammonia (essential for stabilising latex). The ripple effects of the ongoing US-Israel-Iran war in the Gulf region are now impacting an unlikely sector - India's Rs 8,000 crore worth condom manufacturing industry. According to a report by The Indian Express, disruptions in petrochemical supply chains have triggered shortages of key raw materials, affecting the country's condom manufacturing ...Read More >
India's trade body has started a probe. It is investigating Chinese aluminium foil imports. The Directorate General of Trade Remedies will check for government subsidies. This investigation covers a period from April 2024 to March 2025. Domestic companies claim injury from these subsidised imports. This is not the first such trade action against Chinese foil. The Directorate General of Trade Remedies (DGTR) has initiated a countervailing duty (CVD) investigation into Chinese aluminium foil (80 ...Read More >
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