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Government imposes ban on import of color television, this is the main objective

This import ban is a color television set with screen sizes ranging from 36 centimeters to more than 105 centimeters, as well as LCD television sets with screen sizes less than 63 centimeters.

31st July, 2020

The government banned the import of color television on Thursday. The move aims to boost domestic manufacturing of television and reduce imports of non-essential items from countries such as China. The Directorate General of Foreign Trade (DGFT) said in a notification, "The import policy of color television has been changed from free to banned."

This import ban is a color television set with screen sizes ranging from 36 centimeters to more than 105 centimeters, as well as LCD television sets with screen sizes less than 63 centimeters. To put any goods in the category of restricted imports means that the importer of the said goods will have to get a license from the DGFT of the Ministry of Commerce for import.

Major countries exporting TV to India include China, Vietnam, Malaysia, Hong Kong, Korea, Indonesia, Thailand and Germany. India imported color TVs worth $ 781 million in 2019-20. Imports from Vietnam and China were $ 42.8 million and $ 293 million respectively in the last financial year. Responding to this, Panasonic India President and CEO Manish Sharma said that consumers will now have high quality assembled TV sets available.

Category: Business

Tags:
color television
color television import in india

Reported by:
Maharanee Kumari