Bridge India

2018, the morning after the night before 

In our last few bulletins, we have written extensively upon the recent challenges faced by the RE sector. Here, we take a look at what to expect in 2018. The year has obviously started on a shaky note with the 70% provisional duty recommendation on cell/module imports. The trade investigations are likely to drag on for a few months and we expect an eventful year ahead, dogged by uncertainty, disputes and litigation. We already see many developers and contractors slowing execution as even a marginal duty imposition will make many projects unviable.

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