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India plans list of substitute nations for critical imports.
Jun 30, 2020

The government is working on a list of alternative countries that could be suppliers of critical components that cannot currently be manufactured domestically, officials said.
 
'DPIIT (Department for Promotion of Industry and Internal Trade) is working with the industry to line up a list of low-quality imports from China. The next step is to substitute them, internally or externally,' a government official told ET. 'The engagement looks to firm up tariff and non-tariff measures to curb imports of raw, intermediary and finished products from China.'
 
Once DPIIT is ready with the list, the government will reach out to countries and work out ways to incentivise supply to the Indian market, even as it tries to encourage domestic manufacturing of the goods, officials added.
    

The Economic Times

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