Niti Aayog backed paper suggests short- and long-term indigenous production strategies, free-trade agreements
The traders' body has written a letter in this regard to Union Minister Ravi Shankar Prasad
Even before the face-off at the Galwan Valley at Ladakh, the government had taken a decision remove all Chinese investments from the automatic route and subject them to specific government approval
Tough talk on Chinese goods in FY20 leads to lower imports, narrowing trade gap
Until 2005, India and China were close in their overall trade volume with South Asia
Customers ask us about Chinese products and they do not buy them, says a shopkeeper
While the forum is advocating India not just as a preferred market but also as an export hub, many member firms have raised concerns about sudden policy changes impacting inbound global investments.
The move has resulted in a retaliatory action by China with Indian exporters complaining of shipments being held up in Hong Kong
Such an act, ICEA pointed out, will result in pilferage and soiling of packaging and boxes, making it impossible for companies to sell such products in the market
In the electronics sector, the country is heavily dependent on Chinese suppliers. Electronic goods account for 32 per cent of our overall imports from China which meets 40 per cent of total imports
Twenty Indian soldiers died in a violent clash with Chinese People's Liberation Army troops at Galwan Valley in Eastern Ladakh
Sushil Poddar, the president of the Confederation of West Bengal Traders Association, says its members have been told to shun trading in Chinese goods as much as possible
While China's dispute was with EU, its decision to not pursue it will help US and India. Besides, this could help Indian exporters target replacing Chinese goods in EU and US
The silver lining, however, is that if the industry checks certain boxes it could over time tap the export vacuum China will leave behind
According to the daily, India reported its first case of ASF in both domestic pigs and wild boars in Assam earlier this month
China is India's largest source of imports with $70 billion worth of products reaching Indian markets from Chinese shores
This may impact the connected lighting solutions and professional lighting segment more as it has larger share of imported components
The development comes in the wake of issues surrounding imports from and exports to China even as the Coronavirus outbreak grips that country
Though supplies of protective clothing have improved, they are still insufficient, said the statement
It is a remarkable story for the business press in India that reaches reflexively towards the few wellknown stories of Dr Reddy's or Sun Pharma and Tata Motors whenever China is mentioned