Imports from China fell during April-July 2020

Commerce and industry minister Piyush Goyal on Wednesday said India’s imports from China during April-July 2020 decreased to $16.6 billion from $23.45 billion in the corresponding period last year.

“Due to the impact of Covid-19 pandemic there were several global and domestic supply side constraints and also a dip in global demand,” he said in a written reply in Rajya Sabha.

Some of the items exhibiting decline in imports include electronic components, telecom instruments, computer hardware, industrial machinery for dairy, electric machinery, residual chemical and allied products, consumer electronics, electronic instruments, fertilisers and products of iron & steel.

“The full impact of these measures on the industry will be discernible as the global economy recovers, and revives from the recessionary effects of the pandemic,” Goyal said. NewnNews