Tag: import dependence
Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill
New Delhi: The government is examining 500-odd heavily imported products including machinery, fertilisers, chemicals, cotton staple fibre, plastics, silicon wafers and carbon fibres, to identify…
Quad vows to invest $20 billion towards critical minerals supply chains
The four Quad partners, India, Australia, Japan and the United States, are set to mobilise up to $20 billion investment to strengthen critical minerals supply…
Global turmoil is India’s ‘wake-up call’ to cut import dependence: Piyush Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal on Tuesday said the ongoing global challenges should act as a wake-up call for domestic industry to…
Reducing import dependence through refining and recycling the way to navigate India Gold sector: Report
New Delhi: India’s gold sector is currently undergoing a structural transformation as the industry navigates a shift from consumption-led to investment-led demand. According to a…
Assocham to propose measures to cut imports
New Delhi: The Associated Chambers of Commerce and Industry of India (ASSOCHAM) will propose cross sectoral measures the Centre can take to lower India’s import…
Industry demands PLI to boost agrochemical manufacturing, cut technical imports
The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical…