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Govt identifies 10 sectors to cut imports
Why is it in News?
- Department of Promotion for Industry and Internal Trade (DPIIT) in consultation with other ministries identified 10 sectors to reduce imports
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- It intended to increase self-reliance
- Sectors include capital goods and machinery, mobile and electronics, gems and jewellery, pharmaceuticals, textiles and garments.
- The Indian Air Conditioning industry - largely dependent on imported compressors — which accounts for 60-65 percent of an AC’s production value