India plans higher levy on some imported goods to boost local manufacturing

India is considering a proposal to raise levies on a range of imported goods, with a view to boosting local manufacturing in line with the government’s focus on self-reliance, people with knowledge of the matter said.
 

Refrigerator, washing machines, cloth dryers, aluminum and electrical goods are among products likely to see an increase in customs duty, the people said asking not to be identified citing rules. The move may be announced as part of the federal government’s annual budget to be presented on Feb. 1.
 

Boosting local manufacturing is key for Prime Minister Narendra Modi’s government to create jobs lost