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Government Restricts Import Of Tyres Used In Buses, Two-Wheelers

Government Restricts Tyre Imports

New Delhi:

The government on Friday restricted tyre imports across categories of pneumatics and radials used in buses and motorcyles, it said in a notification.

In April, the country’s trade deficit – which occurs when imports exceed exports – narrowed to $6.76 billion from $15.33 billion in the corresponding period a year ago.

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