The government of India put a ban on the import of various goods from China including some electronic items, specific mobile phones, milk and milk products and some steel products on April 25, 2016.
According to some online media reports, the ban came after Union Commerce Minister Nirmala Sitharaman said that the import of such items from China has been harming India's small and medium enterprises. Quality concerns have also been cited as one of the reasons for the ban.
Union Commerce Minister reportedly said that specific actions have been taken by the government on these Chinese imports to implement the ban precisely.
India imports around 6000 commodities from 140 countries. In 2015, India imported USD 390.7 billion worth of commodities.
Following is a list of top five imports of India from the world:
1.Crude oil: The import of petroleum crude to the country accounts for about 34 percent of the total inward shipments.
2.Gems and precious metals: The country also imports gold and silver which accounts for 12 percent of the total imports.
3.Machinery: This makes around 10 percent of the total imported goods in the country.
4.Electronic equipment: The import of electronic goods including smart phones in the country grew from USD 2.85 billion in May to USD 4.38 billion in September 2015. This accounts to around 7 percent of the total imports.
5.Pearls, precious and semi-precious stones: India imports natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and its products, which accounts for five percent of the country's total imports.
Source :indiatoday.intoday.in
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