India’s electronic component imports for 2019-20 stand at Rs 1.15 lakh crore: Union Minister

NEW DELHI: The Country imported electronic components worth Rs 1.15 lakh crore in 2019-20, out of which, 37 per cent came from China, Minister of State for Communications and Electronics and IT Sanjay Dhotre said. The data was shared by the minister on the impact on the electronics sector due to shutting down of factories in China.
 
 “As per data available from the Directorate General of Commercial Intelligence and Statistics (DGCI&S), the total electronic component imports in the Country in FY 2019-20 was Rs 1,15,558 crore, out of which the import from China was Rs 42,983 crore, which amounts to about 37 per cent,” Dhotre said in a written reply to the Rajya Sabha.
 
The minister also said that as per the data available from DGCI&S, the total import of smartphone components in 2019-20 was Rs 56,039 crore; out of which, 45 per cent imports worth 
Rs 25,441 crore came from China. “Steps are being taken to broad-base the sources of electronic components and raw material imports in India while promoting domestic electronics production at the same time,” Dhotre said. He added that the steps are also aimed at reducing dependency on a single market or a geographical region, so that any sudden event, such as the COVID-19 pandemic, does not cause large-scale shortage of inventory in the domestic market.

Source: dst.news