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Thursday, 24 February 2011
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Tyre cos seek 2 L tonne duty-free rubber import
The tyre industry has asked for duty-free imports of 2 lakh tonne of natural rubber (NR) for 2011-2012 to bridge the gap between demand and supply. "We estimate the demand-supply gap in domestic natural rubber production and consumption to be approximately 2 lakh tonne in next fiscal (2011-12). Therefore, we want the government to allow duty-free import of natural rubber to the bridge the gap
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