The move that is likely to push local manufacturing of television while also reducing imports from other countries.

The cross that is likely to push native manufacturing of television whereas also reducing imports from diversified international locations.   | Snort Credit:
PTI


India imported colour television sets value about $781 million in 2019-20, with majority shipments coming in from Vietnam ($428 million) and China ($292 million), records shows

The authorities has launched restrictions on import of colour television sets, a cross that is likely to push native manufacturing of television whereas also reducing imports from diversified international locations, along side China and Vietnam.

“Import policy of colour television sets… is amended from ‘Free’ to ‘Restricted’,” the Directorate Traditional of Foreign Alternate (DGFT) acknowledged in a notification issued on Thursday.

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It added, “Accurate particular person conditions wouldn’t be appropriate for importers making use of for an authorization to import the goods ‘restricted’ on this notification. The scheme for grant of license will most certainly be separately issued by DGFT.”

In step with records available, India imported colour television sets value about $781 million in 2019-20, with majority shipments coming in from Vietnam ($428 million) and China ($292 million). Diverse essential exporters of colour television set encompass Malaysia, Hong Kong, Korea, Thailand and Germany