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February 12, 2020

India may restrict imports of furniture

The Indian government is likely to impose restrictions on imports of furniture with a view to boost domestic manufacturing and reduce inbound shipments of non-essential items, an official said.  The Department for Promotion of Industry and Internal Trade has suggested to its commerce counterpart to put the restrictions.  The Directorate General of Foreign Trade is expected to soon come out with a notification regarding this, the official said.  Putting a product in restricted category means an importer will require licence or permission for the inbound shipment.  India's furniture imports stood ...

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