The Indian Cellular and Electronics Association (ICEA) has requested an urgent intervention by the finance ministry in the matter of stalled custom clearance of Chinese imports. In addition, ICEA has also urged to immediately stop 100 per cent examination at ports and airports.
In a letter dated June 26, 2020, to finance minister Nirmala Sitharaman and revenue secretary Ajay Bhushan Pandey, the ICEA said that the supply chain impediments have hit the industry which is already in very deep distress having lost production of over Rs 400 billion and has only recovered to less than 40 per cent of normalcy.
Further, ICEA pointed out that even goods already cleared and loaded in trucks for transport to the users’ warehouse are being recalled and examined. Opening up finished products for full examination will soil them, making it impossible to sell in the market leading to millions of dollars of losses, a shortage in the market and spook large foreign investors.
ICEA represents the likes of Apple, Xiaomi, Oppo, Vivo and contract manufacturer Foxconn.