Wednesday, July 30, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Economy

Will India gain from US-China trade war?

Fiinews by Fiinews
August 9, 2018
in Economy, Exports, Investment, Manufacturing, Technology
Reading Time: 2 mins read
A A
0
0
SHARES
11
VIEWS
LinkedinShare on Twitter

0:00

CII calls for increase exports to US

 

CII Logo

 

India can gain export market share from the United States-China trade war by expanding the number of products it ships to the two countries.

The Confederation of Indian Industry (CII) believes that certain products may become more competitive as the US impose additional duty of 25% on products imported from China on 23 Aug 2018.

As per CII’s analysis, India should consider exporting machinery, electrical equipment, vehicles and transport parts, chemicals, plastics and rubber products to US.

Countries such as Vietnam, Indonesia, Thailand and Malaysia have increased their exports of these products to the US in recent years, noted CII.

Based on India’s current exports to the US in these categories, products such as intermediate parts for the defense and aerospace sector, vehicles and auto parts, engineering goods, etc. have a higher potential for export, according to CII.

It said exports should also be encouraged from sectors like apparel and textiles, footwear, toys and games and cell phone manufacturing which are becoming competitive industries in India.

CII has suggested that the trade dialogue with the US should be strategized taking into account India’s competitive advantage in these products.

Foreign direct investments from the US should be encouraged by boosting confidence of American companies in India’s business climate. This might necessitate addressing their concerns regarding non-tariff barriers in India for better outcomes in the long term.

In the domestic industry, CII called for enhanced productivity while adding technology to production processes.

CII has put forward the following recommendations:

I. The Merchandise Exports from India Scheme (MEIS) under the Foreign Trade Policy 2015-2020 includes major product groups of interest to the US and should be used to build exports in the identified categories.

II. Indian companies require better access to export credit to intensify the export effort.

III. Micro, small and medium enterprises (MSME) should be supported in exporting intermediate and high-technology products.

IV. Trade facilitation must be a high priority to lower transaction costs and enhance competitiveness.

CII said it has examined 818 product lines where the US has raised tariffs for imports from China.

Between 2012 and 2017, China’s exports to the US have moved up the value chain with accelerated growth in high-technology items such as telecommunications equipment, automotive, cell phones, etc.

Top exports from India to the US which are covered in the list of items for which tariffs have been hiked include pumps, parts of military aircraft, parts for electrodiagnostic apparatus, passenger vehicles of 1500-3000 cc, valve bodies and parts of taps.

Exports of these items stood at over $50 million in 2017 which can be increased with concerted efforts, stressed CII. fiinews.com

Tags: Confederation of Indian Industry
ShareTweetShare

Related Posts

Buildbharat
Manufacturing

Manufacturing: DPIIT-Ather collaborate for EV growth

by Fiinews
July 30, 2025
0
16

Electric mobility sector in transformative phase The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum...

Sell To The World FIEO
Exports

Export: FIEO sees bilateral doubles to $120bn

by Fiinews
July 29, 2025
0
12

Transformational moment for Indian exporters India's recently signed Free Trade Agreement (FTA) with the United Kingdom is set to double...

Shahi Exports

Export: FTA aligns with deeper global vision

July 29, 2025
13
Toy Association Of India

Export: India-UK FTA to boost bilateral trade

July 29, 2025
13
Bhashini

Tech: India to share AI models with Global South

July 29, 2025
15
PIB

Export: Rail items supplied to multiple countries

July 29, 2025
15
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: RIL-ONGC-BP explore GS-OSHP-2022/2
  • Project: Rs.16,300cr allocated to Critical Mineral Mission
  • Manufacturing: DPIIT-Ather collaborate for EV growth
  • Market: Nedia-Birla to work across Americas
  • Project: LTTS wins $60m telecom contract

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.