India has imposed restrictions on import of colour televisions (which effectively means all consumer TVs), presumably in a bid to encourage domestic production. In a notification issued by the Directorate General of Foreign Trade on July 31, imports of colour TVs in certain categories will now require a licence from the government, as the directorate revised the import policy for these items from “free” to “restricted”. The directorate said it will separately issue the procedure for the grant of licence. It also said the actual user condition would not be applicable to importers seeking authorisation to import the restricted goods. Actual user is basically a person who utilises imported goods for manufacturing in their own industrial unit. The move comes amid heightened tensions between India and China, from where a lot of these colour televisions are imported. According to an Economic Times report, China accounted $292.48 million for total imports under the restricted into India in fiscal 2020. Indian companies have become a vocal critic of products imported from China in the aftermath of border tensions, and the trend is apparent in multiple industries including electronics and drones. The Indian government on its part banned 59 apps developed by Chinese companies, including popular short video app TikTok, on “national security” grounds, and later restricted Chinese companies from participating in public procurement bids.
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...