A boycott of goods from China may not be feasible
NEW DELHI: A boycott of goods from China may not be feasible as India is dependent on such imports, although New Delhi should try to cut its dependence on them, India’s top export promotion grouping said on Thursday.
As calls have grown in India for Chinese products to be shunned after a border clash between the neighbours killed 20 Indian soldiers, customs officials at the key port of Chennai have held shipments originating from China for extra checks.
“We extend our support to the government to make India self-reliant in the face of the recent tiff with China, but we should also keep in mind that we depend on China for a lot of key raw materials,” said Sharad Kumar Saraf, president of the Federation of Indian Export Organisations (FIEO).
The government should ask Indians to stop buying Chinese items that are also made by Indian companies, but a ban or boycott of all Chinese products would hurt Indian manufacturers, Saraf told reporters.
Comments
Post a Comment