MSMEs Urge Reconsideration of Proposed Steel Import Duty Hike

19 Sep 2024 CW Team

MSME Concerns:

Micro, Small, and Medium Enterprises (MSMEs) are voicing concerns over a proposed hike in steel import duties. They argue that the increase could significantly impact their cost structure and operational efficiency. Impact on Costs:

A rise in import duties could lead to higher steel prices, affecting the cost of production for various industries. MSMEs, which are already price-sensitive, may struggle with increased input costs. Competitive Disadvantage:

MSMEs worry that higher duties could put them at a competitive disadvantage compared to larger firms and international competitors. Increased costs may also affect their pricing strategies and market share. Sectoral Impact:

Steel-intensive sectors, including construction and manufacturing, could see an escalation in project costs. MSMEs involved in these sectors may face financial strain, potentially leading to reduced production or layoffs. Government Response:

The government is considering the feedback from MSMEs and industry stakeholders. A review of the proposed duty hike will assess its impact on various sectors and the overall economy. Recommendations:

MSMEs are recommending that the government reconsider or modify the proposed duty increase to mitigate adverse effects. They are also advocating for supportive measures to help them adapt to changing market conditions. Conclusion: The proposed increase in steel import duties has raised significant concerns among MSMEs, who fear it could lead to higher production costs and competitive challenges. As the government reviews the proposal, there is a call for balanced measures that consider the needs of small and medium enterprises.

Infrastructure Transport

18 Dec 2025

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..