Suggestions to increase imports of electronic goods from other countries

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Mumbai, Ta. 23 June 2020, Tuesday

The World Trade Center believes that if the government really wants to stop the import of electronic goods from China, it should instruct it to import these goods from Singapore, Malaysia, Taiwan and the United States. China is currently the largest supplier of electronic goods.

More than 60 per cent of electronics imports from China include integrated circuits and television sets, according to a PTI report citing data from the Center.

About 12 per cent of the country's non-oil merchandise imports come from China. The Centre's statement came after an attack on Indian troops by China. After the attack, Chinese goods are being boycotted in India and raw material imports are also declining.

India is heavily dependent on China for electronic goods. Electronic goods account for 4% of total imports from China. Between April 2016 and February 2020, a total of Rs 4.5 trillion worth of electronic goods were imported, of which 40 per cent or Rs 1.3 trillion was imported from China.

For color TV, we rely on China at 5%. However, imports of mobile phones fell by half in April-February last year. In the April-February period of the last financial year, the import of mobile handsets stood at Rs 218 crore as compared to Rs 11,708 crore in the financial year 2016-17.

Imports have declined due to increase in domestic production of mobile handsets and increase in import duty.

The Center has also suggested that India should start importing goods from other countries until it becomes self-sufficient in the production of electronic goods.

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