【New Delhi】India will soon have eight new electronic manufacturing clusters as the new government gets going with its agenda of making India a hub for indigenous goods and reducing dependence on imports.
"Eight clusters for electronic manufacturing have been approved," telecom and law minister Ravi Shankar Prasad said at an interaction between the government and the American Chamber of Commerce in India, Wednesday.
India imports 90% of the electronic goods used by its citizens, which may well surpass the oil import bill of $400 billion soon. "I'm going to address this," Prasad added, underlining the criticality of local semiconductor wafer fabrication (FAB) manufacturing facilities, which will help in reducing the dependence on imports.
○PTA users seek removal of anti-dumping duty
【Coimbatore】PTA (purified terephthalic acid) Users Association, which represents manufacturers of polyester chips, polyester films and polyester filament yarn, has appealed to the Union Government to withdraw its recommendation for imposition of provisional anti-dumping duty on PTA imports.
In a notification dated June 19, the Union Ministry of Commerce and Industry has recommended imposition of provisional anti-dumping duty on import of PTA from China, Korea, Thailand and European Union. The duty varies between $19.05 and $117.09 for a tonne.
○States told to extend PF Act to contract, construction workers
【New Delhi】 The Centre today asked states to extend the Provident Fund Act to contract and construction workers.
The Union Government said this during a meeting with state labour ministers.
【News source】
Electronic goods makers to get boost with 8 new clusters
PTA users seek removal of anti-dumping duty
States told to extend PF Act to contract, construction workers
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