Team Blitz India
NEW DELHI: India’s imports of electronic goods such as laptops, personal computers (PCs), integrated circuits and solar cells from China declined during 2022-23, according to a report by economic think tank GTRI.
The fall in imports is notable in electronic items where the PLI (production linked incentive) scheme is operational, the report by Global Trade Research Initiative (GTRI) said on May 16.
Import of medical equipment declined 13.6 per cent to USD 2.2 billion last fiscal as compared to 2021-22. Similarly, import of solar cells, parts, diodes slumped 70.9 per cent to USD 1.9 billion in 2022-23.
The report stated that import of laptops, PCs slipped 23.1 per cent to USD 4.1 billion and that of mobile phones came down by 4.1 per cent to USD 857 million in last financial year as compared to 2021-22.
However, import of lithium-ion batteries surged about 96 per cent to USD 2.2 billion last fiscal year, it said adding the adoption of electric vehicles may increase such imports steeply.
