Indian government official says it is seeking the elimination of import tax on rayon-grade wood pulp

The Indian government's pursuit to eliminate the import tax on rayon-grade wood pulp could signal a shift in trade policy aimed at encouraging production and consumption of rayon products domestically. This move may lower production costs for manufacturers reliant on imported pulp, potentially affecting pricing dynamics in the sector and presenting opportunities for domestic companies. Traders should monitor how this policy change impacts supply chains and investment flows in related industries.