Topic
domestic manufacturing
India identifies $51 billion in critical imports for domestic manufacturing push
India's internal government analysis has identified $51 billion in critical imports that could be replaced by domestic manufacturing, part of a $398 billion import substitution potential. The move aims to mitigate supply-chain risks and reduce reliance on China.
Trade Aluminium Association Urges PMO to Protect Indian Industry from Surging Low-Quality Scrap Imports
The Aluminium Association of India (AAI) has appealed to the Prime Minister’s Office to protect the domestic industry from a surge of low-quality aluminium scrap imports. Imports hit 3.48 million tonnes in FY26, causing a forex outgo of over ₹88,400 crore. AAI urges higher basic customs duty, publication of a quality standard, and grade-wise HSN codes to curb imports.
Trade Free Trade Pacts to Boost Furniture Exports and Domestic Manufacturing: Industry
Industry representatives say FTAs will provide preferential market access, encourage capacity expansion, and attract investments in the Indian furniture sector. India has implemented FTAs with Mauritius, UAE, Australia, EFTA, and Oman, signed pacts with New Zealand and UK, and concluded negotiations with the EU. The Indian furniture market exceeds USD 30 billion, with India ranking 16th globally in furniture exports.