Chinese goods are set to re-enter Indian markets after nearly four years of stalled clearances triggered by tensions with Beijing. The government is working to quickly process pending applications from local companies seeking to bring in electronics components, footwear, everyday household items, steel products, raw materials and other finished goods. These imports require mandatory certification of the overseas manufacturing plant before they can be shipped into India. The approvals had been halted since early 2020, after border clashes between India and China led to deteriorating diplomatic ties. Local factories received quick clearances, while approvals for overseas, particularly Chinese, units were held up, causing supply chain delays, according to ET. The freeze comes to an e
India–China trade ties: Chinese goods set to re-enter Indian markets — Why government is allowing it?
The Times of India5 hrs ago
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