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PM Modi pushes to cut imports to shield India from shocks
India is likely preparing a major import substitution drive as geopolitical tensions and supply chain risks push the government to reduce dependence on foreign goods. The Centre is identifying over 100 products for domestic manufacturing, while boosting incentives for semiconductors, smartphones, fertilisers and critical industries to strengthen India's economic resilience and manufacturing base.
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thehindubusinessline.com
India identifies 100+ products to reduce imports amid rising geopolitical risks
The Modi government is preparing an import substitution plan covering 100+ products to boost domestic manufacturing and reduce dependence on China
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economictimes.indiatimes.com
PM Modi pushes to cut imports to shield India from shocks
India is likely preparing a major import substitution drive as geopolitical tensions and supply chain risks push the government to reduce dependence on foreign goods. The Centre…
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theprint.in
Modi govt pushes to cut imports to shield India from shocks
The Centre is identifying over 100 products for import substitution, with incentives planned to expand domestic manufacturing and reduce supply chain risks amid global tensions.
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India identifies $51 bln in critical imports for domestic manufacturing push, sources say
India targets $51 billion in critical imports for domestic manufacturing to reduce reliance on overseas suppliers, sources reveal.
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timesofindia.indiatimes.com
100 items, imports worth $51 billion: India eyes fresh domestic manufacturing push to reduce reliance on overseas suppliers
Aiming to reduce dependence on imports and overseas supplies, India is looking to give a fresh push to its domestic manufacturing plans. The government is preparing to strengthen…