September 19, 2025

Calcutta, Sept. 18: Today, a fiery session took place at the Tariff Board when Mr. Khusiram, owner of Punjab Wire-nail Factory in Amritsar, took the stand. He explained the tough challenge local manufacturers face due to heavy import duties. "We cannot run our factory at a profit nor compete with foreign-made articles unless protection is granted," he declared boldly. The man knows his numbers well! He pointed out something surprising — many of their products like panel pins and tacks carry only a 10 percent duty, but the wire they import to manufacture these has a whopping 35 percent customs duty! This duty hike makes it almost impossible to compete with cheaper foreign goods flooding the market. His plea painted a vivid picture of the struggles Indian industries face. With such a heavy burden on raw materials, how can local factories stand tall? This testimony adds fuel to the ongoing debate about protecting Indian industry versus free trade. The Tariff Board's decision will surely impact many like Khusiram, who are fighting hard to keep their businesses alive and Indian manufacturing vibrant. Stay tuned as we watch whether the government steps in to save the day for these unsung heroes of Indian business!

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Tags: Tariff board, Punjab wire-nail factory, Customs duty, Import protection, Indian manufacturing,