(a) whether import of Chinese goods/raw materials have been declining in Indian markets due to the effect of coronavirus;
(b) if so, the details thereof;
(c) whether the Government is identifying some other options for raw materials being imported from China; and
(d) if so, the details thereof?
THE MINISTER OF COMMERCE AND INDUSTRY
(SHRI PIYUSH GOYAL)
(a) & (b): India’s imports from China have declined by 27.63% during April-August, 2020-21 over the corresponding period of the previous year. The month-wise details of imports along with the percentage change are given below:
Period Value of Import from
China
(in US million) % Change over the corresponding period of
previous year
Apr-20 3,031.83 -42.98
May-20 4,662.36 -22.80
Jun-20 3,323.59 -43.75
Jul-20 5,583.00 -9.77
Aug-20 4,984.94 -21.78
2020-21 (Apr-Aug) 21,585.72 -27.63
Source: DGCIS, Kolkata (Data is provisional)
(c) & (d): The government is undertaking steps for creating/enhancement of domestic capacity, incentivizing domestic manufacturing through Production Linked Incentive Schemes, Phased Manufacturing Plans, purchase preference., timely use of trade remedy options, adoption of mandatory Technical Standards, enforcement of FTA Rules of Origin (RoO) and development of import monitoring system.
*****