Import restrictions impacting electronics manufacturing: ICEA

 

The India Cellular and Electronics Association (ICEA), in a letter to the Ministry of Electronics and IT, has said that the import restriction by DGFT in an order reclassifying imports of colloidal precious metals and compounds from free to restricted category has brought in uncertainty in the efforts of the industry to scale up domestic electronics manufacturing. While demanding measures to resolve the import of gold compounds, ICEA Chairman Mr Pankaj Mohindroo, said that the Electronics Component Manufacturing Scheme (ECMS) aims to localise key components such as printed circuit boards, camera modules, mechanical parts and connectors — all of which require gold-based plating materials as part of the manufacturing process. Potassium Gold Cyanide, colloidal precious metals and other compounds are used as critical raw materials in the manufacture of electronic components, including connectors, high-end PCBs and semiconductors, among others, as per a report.

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