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PROCESSED FOOD
|
|
Import cost and conditions: Customs
duty of 35-70 per cent; products must carry maximum retail price
in rupees and details of the manufacturer.
|
|
 Impact:
Many global brands of juices, syrups, ketchups, biscuits and
sweets already in metro markets. Imports will expand to cover more
products and cities. Prices will standardise, may even fall.
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Comment: "Choice for consumers
will multiply and competition for producers will increase."
Amit Burman, CEO, Dabur Foods
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DAIRY AND POULTRY PRODUCTS
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  Import
cost and conditions: Customs duty of up to 60 per cent on milk
and 100 per cent on poultry products.
|
| Impact: A flood of European cheese,
mostly in premium category. Chicken legs to be imported cheap. New
varieties of meat products, but prices may not fall. |
| Comment: "Expect new varieties
of cheese and meat. Prices will standardise after MRP is imposed."
K. Shenker, Steak House, Delhi |
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FRUITS AND FOODGRAINS
|
|
 Import
cost and conditions: Customs duty of 35-80 per cent; classified
sensitive for close monitoring of imports.Grain imports only through
state agencies.
|
|
Impact: American and Japanese apples
(price range Rs 100-300 a kg), kiwi fruit (Rs 240 a kg) already
available in select markets. More imports, low prices.
|
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Comment: "Prices of imported
fruits will continue to fall."
K.P. Mohammad, Agro Impex, Delhi
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AUTOMOBILES
|
|
 Import
cost and conditions: Customs duty of up to 105 per cent on cars,
35 per cent on bikes; Import only from country of manufacture and
through Mumbai port. Used cars not to be more than three years old.
|
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Impact: Car imports more prohibitive
and expensive than before; auto companies could import new models.
Imported bikes may be cheaper.
|
Comment: "Car makers have been
treated fairly." A.P. Gandhi,
President, Hyundai |
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APPLIANCES
|
|
Import cost and conditions: Customs
duty of 35-40 per cent.
|
|
 Impact:
Cheap imports of products like calculators, lamps, irons and telephones
will intensify-mostly from China.
|
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Comment: "Appliances not covered
by any warranties will be imported heavily." Shishir Kumar,
retailer, Delhi
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LIQUOR
|
|
 Import
cost and conditions: Customs duty of 100 per cent on beer and
wine, 210 per cent on rum, whiskey, gin and vodka.
|
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Impact: Imports will be expensive,
but pub owners and restaurateurs expect beer and wine imports to
rise.
|
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Comment: "My customers are
looking forward to newer brands of beer." Ashoke Sadhwani,
The Pub, Bangalore
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STATIONERY & WATCHES
|
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Import cost and conditions:
Customs duty of 35 per cent.
|
 Impact:
Domestic stationery industry does not face threat. Only premium and
new kinds of products like magnetic clips, correction tapes and heavy-duty
staplers will be imported. Most premium watch brands already in India,
but import of cheaper wrist watches and wall clocks will intensify. |
|
Comment: “We can
now import watches to test-market in India.” Kapil Kapoor,
MD, Timex Watches
|
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CONSUMER ELECTRONICS
|
| Import cost and conditions:
Customs duty of 35 per cent. |
 Impact:
No surge in imports likely since most foreign brands already in India.
Companies could import some high-price, low-volume models from their
manufacturing facilities for sale in India. White goods like frost-free
refrigerators already being imported by foreign companies. |
| Comment: “There is no threat
of imports to consumer electronics companies.” Kapil Kaul, President
(Marketing), LG |
|
CLOTHES & FABRICS
|
|
 Import
cost and conditions: Customs duty of up to 35 per cent; in some
cases specific duties per metre or kilo of imported fabric.
Impact: No increase in imports of premium brands of clothing likely,
but non-branded garments from east Asia could come in. Deluge of
Chinese fabric very likely.
|
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Comment: “Garments imports
won’t surge.” Dinesh Sehgal, retailer, Delhi
|
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TOYS
|
| Import cost and conditions: Customs
duty of 35 per cent |
 Impact:
Imports of most types of toys has been opened in the past three
years. Chinese toys of all kinds—electric, non-electric, metallic,
non-metallic— already flooding the market.Even big Indian brands
like Leo and Funskool India facing the heat. |
| Comment: “Indian toy makers
can’t compete with the Chinese in price or quality.” Rajiv
Goel, H.K. Overseas, Delhi |
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