Delays in Customs Nod Disrupt Chinese Brands’ India Plans

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Continuing delays in customs clearance at Indian ports have thrown manufacturing and sales plans of top Chinese smartphone brands such as Xiaomi, Oppo, Vivo, Realme and OnePlus into disarray as they have been forced to slash bulk import orders of phones and parts from China. Extra scrutiny has also slowed goods from other countries, hitting companies such as Dyson, Bosch and Siemens, said people with knowledge of the matter. cutting down bulk imports of phones, components.

On for custom clearances at a few ports of 10-15 days at a time when demand is high Electronics and appliance makers said production was hit last week for 3-4 days as imports were held up. Though consignments have started moving, the backlog has led to shortages and disrupted output. The curbs were imposed in the wake of heightened tension on the India-China border.

Some Indian brands are also affected. appliances coming from Germany, Spain and Turkey also stuck to add-on charges such as demurrage, warehouse costs Bajaj Electricals Chairman Shekhar Bajaj said the customs issue will impact sales at a time when demand is recovering since components are stuck, squeezing production. Around 15% of the company’s components come from China.

Read More at: https://www.pressreader.com/india/the-economic-times/20200708/281582357918218

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