Govt Broadens Raw and Calcined Pet Coke Import Access for More Industries for Domestic Needs

The government has broadened the access to imported raw and calcined pet coke for additional industries to meet domestic needs. Previously, imports of these materials were restricted to certain sectors, primarily those involved in steel, aluminum, and cement production. However, due to rising demand and supply chain disruptions, the government has expanded the list of industries eligible for pet coke imports. This move aims to ensure that domestic industries have sufficient raw materials to maintain production levels, especially amid global supply chain constraints. The decision is part of a broader policy shift to address raw material shortages in key industrial sectors and reduce dependence on imports of alternative, costlier materials. The article discusses the potential impact of this policy on industrial production, pricing, and the overall economy.