FTAs With Copper-Producing Nations Poses Threat: Hind Copper

FTAs With Copper-Producing Nations Poses Threat: Hind Copper

India’s free trade pacts with copper producing nations have posed a threat to the domestic industry, state-owned Hindustan Copper (HCL) has said, asking the industry to be innovative to meet future challenges.

“Import of finished copper is increasing over the years.

Free trade agreements with copper-producing countries have posed a challenge to the Indian copper industry,” Hindustan Copper Ltd (HCL) said in Annual Report 2016-17.

The copper market in India, the report said, is likely to remain positive with strong growth in key user segments, including power and construction. Read More…

 

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