Machine tools and equipments being imported from China

By | March 10, 2016
(Last Updated On: March 10, 2016)

Machine tools and equipments being imported

A number of Indian users of Capital Goods are importing Heavy Industrial Equipment like Electrical Equipment, Machine Tools, Textile Machinery, Printing Machinery, Plastic Processing Machinery, Metallurgical Machinery, Earthmoving & Construction Machinery, etc. from China.

The details of import for the last year (2014-15) from China are as under:

 

SI. No.Item2014-15 China Import (Rs. Crore)2014-15 Total Import (Rs. Crore)China import Percentage on total import during 2014-15 (%)
1Boiler, Turbine, Generator & Transformer6297.9616430.9238.33
2Construction and Mining machinery6192.1724245.925.54
3Textile machinery369810912.9833.89
4Printing Machinery3167.397653.1841.39
5Machine Tool1982.5812218.1816.23
6Process Plant Equipment and Machinery including pumps & compressors1772.627225.8924.52
7Metallurgical Machinery1314.964567.8128.78
8Plastic Machinery1029.144206.4528.78
9Paper and Pulp Machinery552.571834.6430.12
10Agriculture Machinery298.32806.1937
11Leather Machinery161.38623.0825.9

 

(Source: Department of Commerce website).

This information was given by Minister of State in the Ministry Heavy Industries and Public Enterprises, Shri G.M. Siddeshwara in a written reply in Rajya Sabha today.

 

Direct Taxes Ready ReckonerService Tax Ready ReckonerCompany Law Ready Reckonertax deduction at source
New Books Released on Tax , GST and law

Leave a Reply

Your email address will not be published. Required fields are marked *