In a push for Make in India, govt to curb imports of over 350 items: Report

[Sachin200]

 

 

The government is looking to reduce imports of more than 350 "non-essential" items such as toys, textiles, footwear and electronic goods to give the Make in India initiative a push, a report in The Times of India has said.

Several ministries, including textiles, electronics and IT and commerce and industry, have been asked to take action on the list of identified products.Moneycontrol could not independently verify the report.The government was also considering the suggestion to do away with global tender for government procurement in industries where domestic demand was enough, sources told

The Times of India.Public sector companies had been asked to mention their requirements for products and specifications for the next five to six years to assess domestic demand, the report said.The first step was expected to be quality control for toys, the report said.The government might also announce import duty hikes on some products in the budget.The government is of the view that increasing import duties products such as television sets and mobile phones would give a boost to domestic manufacturing.

Electronic goods form a bulk of India’s trade deficit. Officials say this was due to India signing the World Trade Organization’s Information Technology Agreement, which permits duty-free import of several electronics goods, the report said.The government was also considering investments from international companies to set up manufacturing facilities in India, the report said.

[Sachin200]

Seculars Inka start petandi 

[hyperbole]

7 minutes ago, Sachin200 said:

 

 

The government is looking to reduce imports of more than 350 "non-essential" items such as toys, textiles, footwear and electronic goods to give the Make in India initiative a push, a report in The Times of India has said.

Several ministries, including textiles, electronics and IT and commerce and industry, have been asked to take action on the list of identified products.Moneycontrol could not independently verify the report.The government was also considering the suggestion to do away with global tender for government procurement in industries where domestic demand was enough, sources told

The Times of India.Public sector companies had been asked to mention their requirements for products and specifications for the next five to six years to assess domestic demand, the report said.The first step was expected to be quality control for toys, the report said.The government might also announce import duty hikes on some products in the budget.The government is of the view that increasing import duties products such as television sets and mobile phones would give a boost to domestic manufacturing.

Electronic goods form a bulk of India’s trade deficit. Officials say this was due to India signing the World Trade Organization’s Information Technology Agreement, which permits duty-free import of several electronics goods, the report said.The government was also considering investments from international companies to set up manufacturing facilities in India, the report said.

chetulu kalina trauvta akulu pattukunnatu unnadi. 5 years back 90%+ market share unde Indian phone manufactures di ippudu less than 5% padipoyindi and mean while samsung officially reached $10 Billion sales in India same with xiaomi and oppo. People will be ready to pay the taxes than use the Indian brands as they are so left behind at this point

[MiryalgudaMaruthiRao]

kachara should be PM

Jagan should be FM/HM

appude India bagupadatadi antunna @bhaigan

[Marsmangalodu]

naa question entante why should we curb imports and why are domestic manufacturers not able to produce stuff at same price as chinese manufacturers ..manavallaki internal market ee sarigga chuskolekapothe inka external market em chustaru

[hyperbole]

1 minute ago, Marsmangalodu said:

naa question entante why should we curb imports and why are domestic manufacturers not able to produce stuff at same price as chinese manufacturers ..manavallaki internal market ee sarigga chuskolekapothe inka external market em chustaru

skilled man power, components and investment are main reasons 

[Sachin200]

3 minutes ago, MiryalgudaMaruthiRao said:

kachara should be PM

Jagan should be FM/HM

appude India bagupadatadi antunna @bhaigan

Ninu jail lo pettaru malli Ani db ki annaru uncle , bayate unava

[DummyVariable]

Ee “make” in India ante low quality gujju products ye na?

[Marsmangalodu]

2 minutes ago, hyperbole said:

skilled man power, components and investment are main reasons 

ee roju import duties penchithe repu malla WTO lo US case pedtadi..odipothe malli back to square one..unless we develop internally and innovate it is not possible to compete

[MiryalgudaMaruthiRao]

Just now, Sachin200 said:

Ninu jail lo pettaru malli Ani db ki annaru uncle , bayate unava

jail lo Jio using

[Sachin200]

Just now, DummyVariable said:

Ee “make” in India ante low quality gujju products ye na?

Manfacturing across India lo pedataru, Gujarat Ani declare cheyaledhu ga 

[Sachin200]

7 minutes ago, hyperbole said:

chetulu kalina trauvta akulu pattukunnatu unnadi. 5 years back 90%+ market share unde Indian phone manufactures di ippudu less than 5% padipoyindi and mean while samsung officially reached $10 Billion sales in India same with xiaomi and oppo. People will be ready to pay the taxes than use the Indian brands as they are so left behind at this point

Agree , they should have started this way early . Atleast it's better to start now and hope some day  our country will see light at the end of tunnel 

[DummyVariable]

19 minutes ago, Sachin200 said:

Manfacturing across India lo pedataru, Gujarat Ani declare cheyaledhu ga 

Owned by gujjus antunna. Ambani ko Adani ko ichche permissions ye kada.

[Android_Halwa]

Thank god, ipatikaina melkunaru

non essential imports ani cut chesi padeyali...even medicines and drugs, finished food products, electronic components, fertilizers, etc..

[Sachin200]

4 minutes ago, Android_Halwa said:

Thank god, ipatikaina melkunaru

non essential imports ani cut chesi padeyali...even medicines and drugs, finished food products, electronic components, fertilizers, etc..

Atleast good initiative