Chinese Toys Import Falls As Government Tightens Norms
NDTV
Import of Chinese products has reduced from $451.71 million in 2018-19 to $206.11 millions in 2021 (between April 2021 and January 2022)
India has been imposing curbs on Chinese goods and components through import duty levy, as heavy flow of products from that country had at one time threatened to squeeze out domestic manufacturers.
Chinese toys were among the major products which had flooded Indian markets not long ago.
However under government's Atmanirbhar Bharat policy, where the emphasis is on “vocal for local”, the import of toys, games and sports equipment from China is gradually showing a declining trend.
According to Commerce Ministry, import of these Chinese products has reduced from $451.71 million in 2018-19 to $206.11 millions in 2021 (between April 2021 and January 2022).