New Delhi: The commerce ministry has made a case for encouraging domestic manufacturing of 102 items like chemicals, electronic products, and insulin injections as their share in the country's total imports are high.

According to an analysis of imports by the ministry, the 102 items are in huge demand in the country and are imported because domestic supplies are not adequate.

"Based on the study results, it is suggested that items showing high growth and/or high share i.e., a total of 102 items with a share of 57,66 percent in total import may be prioritized for immediate m interventions for domestic production opportunities," the report said.

It has been recommended that industry associations, manufacturers, and business leaders may consider exploring domestic capacity expansion in these items with a view to meeting the domestic demand, which in turn will fuel economic growth and create employment opportunities.

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The study was conducted to identify items that are consistently being imported, and have a significant share in the value of imports. The objective is to enhance their domestic production capacity and reduce import dependence.

As many as 88 items such as gold, natural gas, crude palm oil, integrated circuits, parts of telephonic/telegraphic apparatus, and personal computers have shown an increase in imports in the short, medium, and long run.

Source-PTI