With the Central government continuing with its strategy to hike customs duties in the latest Budget in a bid to boost domestic manufacturing, consumer durables and footwear companies said they are re-looking at their supply chains to step up focus on sourcing of components or parts domestically.

The government has decided to hike customs duty on compressors to 15 per cent from the earlier 12.5 per cent.

But is this a wise move?

BusinessLine's Meenakshi Ambwani Verma explains.

https://www.thehindubusinessline.com/companies/customs-duty-hikes-companies-to-look-at-rejigging-sourcing-structures/article33736457.ece