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After TV sets & tyres, govt bans AC imports in its latest bid to boost domestic production


Spartan

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The government on Thursday banned the import of air conditioners in its latest bid to boost domestic production by checking the entry of “non-essential” goods into the country.
A notification issued by the directorate general of foreign trade (DGFT) moved split and “other” ACs with refrigerants into the “prohibited” category from the “free” list. They join the list of products such as tyres, TVs sets and agarbattis where import restrictions have been imposed.

While this means that an imported can’t fill refrigerant or gas outside and bring into the country, in reality it translates into a ban.


ACs have been identified as potential items for focus on domestic manufacturing as components are imported in large quantities. The domestic market is said to be worth $5-6 billion with a large chunk of ACs being imported into the country. Separately, depending on the segment, 85-100% of the components, where the market is estimated to be around $2 billion, are imported.


As part of the plan prepared for the commerce and industry ministry by a group of CEOs led by Mahindra Group’s Pawan Goenka, a duty hike and reworking of the trade agreement with Thailand had been proposed.


As reported by TOI on June 3, import restrictions and support to domestic industry were part of the plan to turn India into a hub for manufacturing. On June 30, TOI had reported that rising tension with China was also prompting the government to evaluate licensing of some imports including those of ACs.

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1 minute ago, manadonga said:

alage mobile phones kuda apeyanda babu 

o pani ayipoddi 

already samsung vivo xiami apple india lo begin chesayi production 

Final step Adey vuntadi 

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2 minutes ago, manadonga said:

alage mobile phones kuda apeyanda babu 

o pani ayipoddi 

already samsung vivo xiami apple india lo begin chesayi production 

everything will be "reliance" future lo

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2 minutes ago, manadonga said:

china kanna ambani better ye kada 

problem enti ante... there will be only one rich person from india..

alerady reliance vadu baga dabbulu sampadisthunnadu

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Good move..

Domestic demand elago vundi, mass production chesthe similar price ki mana degara kuda workout avutadi...May be initial margins takuvuntayemo kani whole new industry aitadi..

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52 minutes ago, Pappu_Packitmaar said:

Good move..

Domestic demand elago vundi, mass production chesthe similar price ki mana degara kuda workout avutadi...May be initial margins takuvuntayemo kani whole new industry aitadi..

Wat about standards

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5 minutes ago, macha said:

are you saying products made in china have more standards ?

My point is..home grown products should be in a position to compete with foreign products, be it with quality, pricing or marketing..It should be consumer who decides what to buy not govts

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26 minutes ago, tom brady said:

Wat about standards

Standards are not set over night...

It will happen over a period of time..its time we stop borrowing standards too from other countries.

Mana degara manam manufacture cheyadam start pedithe, mana environment and demand ki saripada standards market ae set chestadi...

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40 minutes ago, Pappu_Packitmaar said:

Standards are not set over night...

It will happen over a period of time..its time we stop borrowing standards too from other countries.

Mana degara manam manufacture cheyadam start pedithe, mana environment and demand ki saripada standards market ae set chestadi...

Patanjali type model follow aipothe antha set. No standards needed.

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2 hours ago, dewarist said:

Patanjali type model follow aipothe antha set. No standards needed.

This is how it works....standards are defined and set based on past experiences..unfortunately the only experience we have is import.

Its an interdependent thing to set standards. Even in western world, it took ages to set the standards. 
 

Liberals,Bhakts or Commies, setting the standards will more or less be the same thing...

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