Archives
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ELECTRONICS March 14, 2020 COVID-19 may further dwindle Chinese electronics goods import to India
By: Loknath DasChina’s share in the import of electronics and IT hardware goods to India have slid below 40% of the total share for the second consecutive fiscal despite clocking over 55% between 2015-16 and 2017-18 and the Covid-19 outbreak in the neighbouring country could further dwindle due to disruption in the supply chain. Track live updates […]
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ELECTRONICS May 15, 2019 India to allow import of second-hand electronics at last; windfall for refurbished phones market?
By: Loknath DasPhone companies – Apple especially – could soon be posed to take a bigger bite out of India’s growing refurbished phones market, with the Directorate General of Foreign Trade (DGFT) allowing – via a notification on May 7 – the import of refurbished electronic goods, reports ET Prime. The caveat – and it’s a big one […]
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ELECTRONICS January 18, 2019 Electronics import duty working in India’s favour! Dec trade deficit falls to 10-month low, thanks to this
By: Loknath DasIndia’s trade deficit in December 2018 falling to a 10-month low, thanks to a contraction in the import of electronic goods. The government levy of import duty on electronic items seems to be working, with India’s trade deficit in December 2018 falling to a 10-month low, thanks to a contraction in the import of electronic […]
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ELECTRONICS June 13, 2017 India’s growing electronics demand to create import gap of USD 300 billion
By: Loknath DasNew Delhi [India], June 13 : With an ever growing demand for electronic products in India, domestic production may touch USD 104 billion by 2020, thus leaving an import gap of USD 300 billion, according to a study conducted by the assocham and NEC Technologies. Demand for electronics in India has been projected to grow […]