Union Government has categorically stated that though it is willing to provide protection to domestic pipe manufacturers against unfair trade practices, the industry must also act responsibly, a top steel ministry official said at an ASSOCHAM event held in New Delhi.
“While we are willing to give protection, it comes with a sense of responsibility so please be very-very responsible, charges of cartelisation then become very-very difficult to fend off as prices start rising dramatically,” said Syedain Abbasi, joint secretary, ministry of steel addressing an ASSOCHAM summit on ‘India Pipeline: Opportunities in infrastructure, energy, water and slurry.’ Read more
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