Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Govt to come up with policies soon to protect domestic manufacturers hit by Chinese products

- Advertisement -

Tuesday, 04 June 2013: While WTO rules still linger on, India leaves no stone unturned to protect the interests of domestic manufacturers that are being affected by Chinese products ruling the market. This could, however, alert other countries to drag India to WTO, calling it an unfair trade practices under the international agreement.

Telecom, heavy industries and renewable energy ministries will soon resurrect policies to guard domestic producers from the increasing threat from the foreign manufacturers who are getting cheaper equipment from China. These sectors are the three top contributors of annual manufacturing output financially but have slowed down in the last few years, with many companies aiming for cheaper Chinese equipment.

A senior official of the ministry of heavy industries told Hindustan Times, “The Bharat Heavy Industries Limited has already manufactured equipment required to generate power in the 12th plan. We have expanded facilities to meet the target of the 13th five year plan also. But, the buyers are opting for cheaper Chinese power generation equipment and we are helpless.”

- Advertisement -

Working on the same lines, telecom ministry is preparing guidelines to ensure that a minimum of 20 per cent equipment is procured from domestic manufacturers, to revive telecom manufacturing industry. “There is already a policy in place for public sector bodies prescribing procurement of certain amount of equipment from domestic players. Now, the ministry has formed guidelines to extend a similar policy framework for the private sector, a move opposed by certain foreign companies. A ministry committee has already identified 18 hardware items including sim-cards and modems to be mandatory procured from domestic players,” the report also stated.

Solar sector is also untouched by the impact of China. Facts state that almost 60 per cent of solar goods sold in India come from the northern neighbour. Similar steps are being taken in this regard as well.

- Advertisement -

Most Popular Articles

Force Motors Goes Global And Enters EV Market

0
The manufacturer of vans and utility vehicles has hired E&Y to assist with business restructuring and the digital transformation of its entire value chain....

Tessolve Acquires German Chip Firm With ₹4B To Expand Global Reach

0
Ramping up AI, automotive, and data centre chip design to lead the semiconductor race, Hero Electronix subsidiary Tessolve aims to boost its global edge...
Samsung Chip

Samsung Shifts Strategy, Set To Quit LED Business

0
Following disappointing financial results and a loss of market edge, Samsung is exiting the LED business by 2030, shifting its focus to more 'promising'...

Hero MotoCorp To Launch Vida Electric Two-Wheeler In Europe And UK

0
Hero MotoCorp revealed its intention to enter the European and UK markets with its electric vehicle line, Vida, commencing in late 2025. At the...

China Challenges EU Electric Vehicle Tariffs At WTO

0
Last month, the European bloc declared that it would impose import tariffs as high as 35% on Chinese electric vehicles, claiming that these exports...

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...

Industry's Buzz

Force Motors Goes Global And Enters EV Market

0
The manufacturer of vans and utility vehicles has hired E&Y to assist with business restructuring and the digital transformation of its entire value chain....

Tessolve Acquires German Chip Firm With ₹4B To Expand Global Reach

0
Ramping up AI, automotive, and data centre chip design to lead the semiconductor race, Hero Electronix subsidiary Tessolve aims to boost its global edge...
Samsung Chip

Samsung Shifts Strategy, Set To Quit LED Business

0
Following disappointing financial results and a loss of market edge, Samsung is exiting the LED business by 2030, shifting its focus to more 'promising'...

Hero MotoCorp To Launch Vida Electric Two-Wheeler In Europe And UK

0
Hero MotoCorp revealed its intention to enter the European and UK markets with its electric vehicle line, Vida, commencing in late 2025. At the...

China Challenges EU Electric Vehicle Tariffs At WTO

0
Last month, the European bloc declared that it would impose import tariffs as high as 35% on Chinese electric vehicles, claiming that these exports...

Learn From Leaders

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Startups

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...