Coimbatore MSMEs urge Centre for curbs on metal price surge and import duty cuts

Coimbatore MSMEs petitioned Prime Minister Narendra Modi over sharp increases in key raw material prices, including steel rising by ₹8,000 to ₹10,000 per tonne.

The Joint Council of Associations requested a Price Monitoring Committee for steel, withdrawal of import duties for six months, and MRP capping on essentials.

The industry body warned that escalating input costs threaten the competitiveness and viability of the regional MSME sector.