Dr. Arun Dravid

My focus is going to be on the EPC side of the specialty chemicals business, I would like to quickly divide this into two sectors. I would like to draw attention to the administrative and planning, policy type of hurdles and challenges that we have faced in the past and will perhaps face in the future. The custom’s structure is going to change in the
future with the new budget coming in place. If raw material duty is reduced and finished product duty is increased, as is being planned, this will create a disincentive for large scale dumping into countries like India because the import duty will be prohibitively high.