After 11 yrs of on & off talks, India &Australia finally signed phase 1 of ECTA to allow greater flow of goods & services, reducing Canberra’s dependence on Chinese goods.
Estimates of online sales of smartphones show Indians primarily shopped from five brands this October, including 4 Chinese companies Xiaomi, Vivo, realme and Oppo.
A group of ministers set up to promote Indian manufacturing has flagged various ways through which Chinese goods are evading duties and other restrictions.
According to a survey by LocalCircles, only 29 per cent respondents bought Chinese products this year, which is a 19% decline compared to the purchases made last year.
The decision to stop sale of imported goods in canteen store departments is part of efforts to promote local goods. Defence sources say sale of foreign liquor also may follow.
Micromax is the only homegrown company that broke into India’s Chinese dominated smartphone market. But no one came to its rescue when it was in trouble.
Chinese-origin Kenbo bikes are mostly brought to Mizoram from across the border in Myanmar, with law enforcement agencies claiming they are mostly used for smuggling.
The US has been pushing foreign companies to move supply chains out of China, and publicly floated the need for a group of friendly Asian nations that could help produce essential goods.
Israel's response to Iran's retaliatory attack was relatively small and also downplayed by Tehran. But there are factors that could jeopardise this perceived reprieve.
The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.
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