HomeNewsBusinessBusiness Insight | With a focus on Atmanirbhar Bharat, India bans import of ACs with refrigerants

Business Insight | With a focus on Atmanirbhar Bharat, India bans import of ACs with refrigerants

The Directorate General of Foreign Trade (DGFT) has added split and 'other' ACs with refrigerants into the 'prohibited' category, previously under the 'free' list

October 16, 2020 / 18:28 IST
Story continues below Advertisement

As part of its Make in India and Atmanirbhar initiative, the government has banned the import of air conditioners to boost domestic production.

The Directorate General of Foreign Trade (DGFT) has added split and 'other' ACs with refrigerants into the 'prohibited' category, previously under the 'free' list.

Story continues below Advertisement

Moneycontrol's Shraddha Sharma brings you more details.

 

Moneycontrol News
first published: Oct 16, 2020 06:23 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!