Duty Cut as Shield: India Moves to Contain Petrochemical Shock
In a swift policy response to escalating tensions in West Asia, India has waived customs duty on 40 key petrochemical products until June 30, 2026. Triggered by disruptions linked to the US–Iran conflict, the move aims to stabilise supply chains and prevent a surge in input costs across industries. Framed as a temporary but targeted intervention, it…



