India reviews curbs on non-essential imports to support rupee, boost local manufacturing
- Posted on May 20, 2026
- By Business News Today
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- 1 min read
India reviews curbs on non-essential imports to support rupee, boost local manufacturing
If necessary, the government can impose higher duties or selective restrictions to curb such imports. India's merchandise trade deficit widened to $28.4 billion in April, from $20.7 billion in March, adding to balance of payments concerns amid portfolio outflows and tepid foreign direct investment.
