Government considers setting floor price for float glass imports to tackle Chinese competition
According to a Moneycontrol report, the government is considering setting a minimum import price of ₹34,000 per metric tonne for float glass. This initiative is designed to safeguard local manufacturers who are struggling with elevated production costs due to high energy prices, as well as an influx of low-cost imports from Vietnam, Malaysia, and China. Float glass is a key material frequently utilized in the construction industry, including for green-building projects and the manufacturing of lightweight windows.
by shortkt.com✓