Govt Eyes Manufacturing Push for 120 Products to Cut Import Dependence: Report
New Delhi, Oct. 28 -- The government has identified around 120 products, including industrial intermediates and capital goods, for promoting domestic manufacturing and reducing import dependence, with a separate plan for tunnel boring machines following China's restrictions on their shipments.
The exercise, led by the Department for Promotion of Industry and Internal Trade (DPIIT), covers products such as chemicals, including acetic acid, pharmaceutical products and inputs, medical technology equipment, machine tools, textile looms, construction equipment, cranes, aerospace maintenance, repair and operations (MRO) products, and footwear-related goods, The Times of India reported, citing sources familiar with the matter.
Three-Pronged Su...
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