India’s imports of electronic components for 2019-2020 amount to 1.15 lakh crore: minister

Domestic electronics companies resumed production and other related activities after the lockdown was eased in May.

The country imported electronic components worth Rs 1.15 lakh crore in 2019-2020, 37% of which came from China, the Minister of State for Communications and Electronics and Computing said on Thursday. , Sanjay Dhotre. The data was shared by the minister on the impact on the electronics industry due to the closure of factories in China.

“According to the data available from the General Directorate of Commercial Intelligence and Statistics (DGCI & S), the total imports of electronic components into the country in the fiscal year 2019-2020 were Rs 1,5558 crore, of which the import from China of Rs 42,983 crore, which is around 37%, ”Dhotre said in a written response to Rajya Sabha.

He also said the COVID-19 pandemic in China coincided with the Chinese New Year festivities, which lasted until mid-February. But, Dhotre added, the coronavirus spread to the rest of the world as factories in China resumed operations and reached around 50% capacity utilization in mid-March 2020.

A nationwide lockdown in the country was imposed on March 25. “This (lockdown) resulted in the complete shutdown of all production activities, including electronics manufacturing, except for a few companies that made electronic components for essential medical equipment such as ventilators,” says Dhotre.

Domestic electronics companies resumed production and other related activities after the lockdown was eased in May. The government allowed production with several limitations. “Closing factories for about two months had an impact on the nation’s electronics manufacturing industry. According to the Electronic and Semiconductor Association of India (IESA), there will be a 20-25% production loss in 2020-2021, compared to 2019-20, ”Dhotre said.

The Minister said that according to the data available from DGCI & S, the total import of smartphone components in 2019-2020 was Rs 56,039 crore; of which 45% of imports worth 25,441 crore rupees came from China. “Steps are being taken to broaden the base of sources of electronic components and raw material imports in India while promoting domestic electronic production,” Dhotre said. He added that the measures also aim to reduce dependence on a single market or geographic region, so that no sudden event, such as the COVID-19 pandemic, causes a shortage at large. scale of stocks in the domestic market.

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