“India starts hunt for alternatives to China to source over 1K items”
From textiles fabrics, refrigerators and suitcases to antibiotics such as amoxicillin, erythromycin & metronidazole, vitamins and insecticides, the government has begun a hunt for 1,050 items from across the world as supplies from China, which accounts for over 50% of India’s imports, are hit due to coronavirus.
A key theme of the minister’s discussions with government agencies and industry representatives will be to implement a plan to push the export of 500-550 items where India has the potential to fill the gap created by China.
A preliminary analysis following detailed discussions by the commerce department has shown that the situation is particularly grim in the case of pharma and chemicals, smartphones, electronics and white goods and plastics, where India depends on China for a bulk of its imports.
“India starts hunt for alternatives to China to source over 1K items”
Anyone here getting around to it, or are we still in the ‘happy talk’ mode? Or do I even need to ask?
Every country needs to start making their own stuff or as much as possible.