01-August-2026
Economy News
 
Import substitution policy to get a leg up, 200 more items earmarked for local production
31-Jul-2026

In keeping with its policy to promote import substitution, the Union government has identified over 300 imported products for domestic manufacturing, expanding an initial target of 100 items. The selected products could be manufactured locally by Indian firms through direct production, joint ventures, or technology transfers, Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Amardeep Singh Bhatia said while addressing the Indo-German Chamber of Commerce (IGCC) Industry Dialogue here on Thursday.

News Source:- https://www.financialexpress.com/policy/economy/import-substitution-policy-to-get-a-leg-up/4306720/?ref=hometop_hp