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Chinese imports of umbrellas and musical instruments are hurting MSMEs; GTRI

The report details that China supplies 95.8% of India’s umbrellas and sun umbrellas, 91.9% of artificial flowers and human hair products, 59.7% of glassware, 54.3% of leather goods, and 52.5% of toys. Read more

DGTR recommends anti-dumping duty on Chinese aluminium foil

The investigation focused on the import of aluminium foil up to 80 microns in thickness, excluding foil below 5.5 microns intended for non-capacitor applications.Read more

India seeks expanded tariff cuts, stricter rules of origin in ASEAN FTA review

On the ASEAN side, there are expected demands for more concessions on items where India has not yet offered duty cuts or tariff eliminations.Read more

China dominates electronic components supply for 'Made in India' products

In 2023-24, India's total electronic components imports reached $34.4 billion, making them the fifth largest import category.Read more

Indian toy industry exports reach $523.24 million; surpass imports

The next objective for Indian toy manufacturers is to reach international consumers more effectively through online platforms, according to government plans.Read more

Rangarajan alerts against inefficient ‘Import substitution’ in Atmanirbhar boost

India aims for an average annual real growth rate of 6-7% to achieve a per capita income exceeding $13,000 by 2024. Read more

Lazard report suggests India is on track on becoming a global manufacturing hub

Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more

Budget 24-25: Customs duty reforms will help manufacturing and promote exports

New customs duty rates are proposed for commodities from lifesaving medicines to rare earth minerals.Read more

DGTR launches inquiry for dumping of Chinese guard rails following complaints

If the investigation confirms that dumping has harmed domestic manufacturers, the DGTR will recommend imposing anti-dumping duties on these imports. Read more

India needs to tackle Chinese and other steel imports; Ranjan Dhar, AMNS India

India is already a net importer of steel for FY24 and two months into FY25, with exports continuing to decrease in the face of rising Chinese imports.Read more

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