What are the major problems faced by the Import & Trading Sector in India?
For the past few years there has been a general stability in the import tariff etc. But still for the sake of development of import-export trading on a long term basis, it is necessary that the duty structure should be stable, at least they should not be tampered with in between budgets, sales tax should be replaced by VAT. Port conditions should improve permitting berth of larger vessels as well as improve the rate of loading and discharge: the roads must improve permitting movement of much-axle vehicles carrying larger tonnage and permitting movement at a higher speed. • Which are the thrust areas for Import & Trading in India? This question needs to be talked separately for import and trading. In the import area, when in normal course thrust should be on import of materials whose landed cost in India is cheaper than the indigenous material. The emphasis should be on import of such material adding value to them and then export at least a part of it so that there is no burgeoning prob
