Tag: import substitution

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Posted in Economy

Go for making products usually imported: Piyush Goyal

New Delhi: Commerce and industry minister Piyush Goyal Monday asked Indian manufacturers to identify goods that can be produced locally for eliminating their imports, noting…

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Cos Cut Imports, Turn to Yuan as Rupee Falls
Posted in Economy

Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcing

Kolkata: Many Indian companies are seeking to mitigate the impact of the rupee’s slide against the dollar by shifting part of their payments for purchases…

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Industry seeks concessional imports via SEZs
Posted in Economy

Industry seeks concessional imports via SEZs

New Delhi: In a move aimed at supporting import substitution and manufacturing in India, industry has suggested that the Centre allow imports from major import…

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Posted in Economy

SEZ sale relaxation in Budget FY27 to help promote import substitution, job creation: Commerce Secretary Rajesh Agrawal

New Delhi: The Budget’s proposed conditional relaxation to allow special economic zone (SEZ) units to sell goods in the domestic market will help promote import…

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