Govt mulling imposition of import restrictions on TV sets; move aim to cut inbound shipments of non-essential items

The government is mulling imposing import restrictions on television sets with an aim to cut inbound shipments of non-essential items, sources said

Press Trust of India February 13, 2020 15:22:03 IST
Govt mulling imposition of import restrictions on TV sets; move aim to cut inbound shipments of non-essential items
  • Imports of TV stood at about $1 billion during 2018-19

  • China ($535 million in 2018-19) is the largest exporter of TV sets in India

  • It was followed by countries like Vietnam ($327 million), Malaysia ($109 million), Hong Kong ($10.52 million, Korea, Indonesia, Thailand, and Germany

New Delhi: The government is mulling imposing import restrictions on television sets with an aim to cut inbound shipments of non-essential items, sources said.

Both the Ministry of Electronics and Information Technology (MeitY) and the commerce ministry are discussing a proposal in this regard, they said.

Putting an item under restricted category of imports means that the importer of that commodity would have to seek a licence from the commerce ministry's directorate general of foreign trade (DGFT) for the imports.

Govt mulling imposition of import restrictions on TV sets move aim to cut inbound shipments of nonessential items

Representative image. Reuters.

Imports of TV stood at about $1 billion during 2018-19.

China ($535 million in 2018-19) is the largest exporter of TV sets in India. It was followed by countries like Vietnam ($327 million), Malaysia ($109 million), Hong Kong ($10.52 million, Korea, Indonesia, Thailand, and Germany.

The government is also likely to impose restrictions on imports of furniture with a view to boost domestic manufacturing and reduce inbound shipments of non-essential items.

The government has earlier his month imposed similar restrictions on imports of refined palm oil.

Out of over $500 billion worth of imports in 2018-19, products imported under 'others' category accounted for over $100 billion.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

CES 2021: TCL Google TVs with Mini LED, 8K and QLED technology unveiled at the event
News & Analysis

CES 2021: TCL Google TVs with Mini LED, 8K and QLED technology unveiled at the event

The TCL Google TVs will reportedly consolidate films, shows and live TV from across apps and subscription for every user.

CES 2021: LG announces five upcoming OLED TV models that will launch this year
News & Analysis

CES 2021: LG announces five upcoming OLED TV models that will launch this year

The LG OLED TVs lineup features a new OLED panel, an advanced LCD panel structure combining Quantum NanoCell colour tech with mini LED backlighting

Xiaomi Mi TV Stick review: An affordable way to convert a regular TV into a smart, Android TV
News & Analysis

Xiaomi Mi TV Stick review: An affordable way to convert a regular TV into a smart, Android TV

If you have a good non-smart TV, and are considering spending on a smart one just for the added features, wait! Try this before you do.