Higher Duty On Imported Footwear Unlikely To Boost Local Industry
Footwear is displayed for sale at a Nike Inc. store during a media tour of the Jewel Changi Airport in Singapore. (Photographer: Wei Leng Tay/Bloomberg)

Higher Duty On Imported Footwear Unlikely To Boost Local Industry

India’s increase of customs duty is unlikely to boost local manufacturing of footwear in the world’s No. 2 producer, and is only expected to make flip flops to sneakers costlier for consumers.Finan...
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