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  • Fri. Nov 22nd, 2024

Government dealing with steps to cut import dependence on China, boost manufacturing: Report

Government dealing with steps to cut import dependence on China, boost manufacturing: Report

BRAND-NEW DELHI: The federal government is working on actions to minimize

import reliance

on China and boost

domestic production

, sources said on Thursday.

They stated policymakers are not considering any knee-jerk measure versus China in the wake of continuous border tensions in between the 2 nations.

China accounts for about 14 percent of India’s imports and is a major supplier for sectors like cellular phone, telecom, power, plastic toys and crucial pharma ingredients.

One of the significant actions on which the federal government is working is to restrict poor quality Chinese imports, and for that technical policies, which includes security and qual

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