The industry body has stated that this reduction in import duty will help the domestic agro-chemicals sector to become more competitive and eventually aid the government's vision of making India self-sufficient in the agro-chemicals industry.
The import duty on agro-chemicals is currently at 20-30%, which has led to an increase in prices of crop protection chemicals, making them co... https://www.coherentmarketinsights.com/news/agro-chemicals-industry-body-acfi-seeks-cut-in-import-duty-for-crop-protection-chemicals-in-budget-2023-840