Indian Copper Industry Demands Govt Action Against Cheap Imports

• Indian copper producers are distressed by cheap imports under Free Trade Agreements (FTAs), impacting domestic production.
• The Indian Primary Copper Producers Association (IPCPA) urges the government to impose a minimum 3% safeguard duty and quantity-based controls on copper imports.
• Over ₹20,000 crore invested in the domestic copper industry under 'Atmanirbhar Bharat' is at risk due to low-duty foreign copper.
• The India-UAE CEPA's plan to eliminate customs duty on copper wire rods by 2026-27 raises concerns about a flood of cheaper imports.
• Weak domestic copper production, vital for sectors like EVs and renewables, could increase import dependence, trade deficit, and negatively impact jobs and investment.

Why It Matters: Cheap copper imports threaten India's domestic industry, jobs, and self-reliance.