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The Union Budget 2025 is set to impact India’s steel industry and infrastructure sector, with expectations of higher capital expenditure, PLI scheme expansion, import duty reforms, and green steel incentives. Industry experts anticipate key policy measures that could boost domestic steel production, MSME support, and sustainable manufacturing.

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Import duty on steel in India is self-assessed by importers and paid up to the respective authority while uploading the Bill of Entry. Calculation import duty on steel is based on the HS code assigned to steel commodities.

Last updated on: Mar 26, 2025

Are you aware of the government’s cluster development scheme? Do you know you can grow collaboratively if you can form cluster. Learn more about the government’s MSME cluster development programme, that can help you to grow.

Last updated on: Jun 22, 2023

Are customer payments getting delayed? Do you want to take an action against the customer? Delayed payment is a common MSME challenge. The government has established the MSME Samadhaan portal for easing delayed payments to micro, small, and medium enterprises. Read on to know more about the initiative.

Last updated on: Sep 26, 2023
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