Aim to cut imports, Commerce Ministry shares list of items with ministries

The cumulative share of these items is 57.66 per cent in total import during the March-August 2021 period

The commerce ministry has shared a list of as many as 102 products whose imports are high and are increasing consistently such as coking coal, certain machinery, some chemicals, and digital cameras to different ministries to look at ways for enhancing their domestic capacity with an aim to reduce imports, an official said.

As part of an exercise to reduce the country's import bill, the ministry has undertaken a detailed analysis of these 102 products for enhancing domestic production opportunities of those items.

According to the analysis, the import of these goods has been consistently increasing or have held high import shares