A new marble industry in India
In the month of September, 2016 the Indian Government announced a new policy for the import of marble blocks which has far reaching consequences for the development of the marble industry in India. The new liberalised policy, while still maintaining high import duties, at last made it easy for anyone setting up a factory to import marble blocks. Previously, even to import the blocks of marble there had been so many restrictions and conditions that only a select few were able to navigate their way through the bureaucratic maze and obtain license for importing marble. By bringing the import policy under a Open General License (OGL) category, a long standing demand from many stone companies wishing to set up new factories was finally fulfilled.
(Our thanks to Raghav Reddy, Gurmeet Modi, Vishwanath Reddy and some others for their inputs).