Indian exporters have raised concerns over consignments being delayed by Hong Kong and Chinese customs in retaliation to a similar action by Indian authorities at Chennai port, says the Federation of Indian Export Organisations (FIEO).
FIEO President S K Saraf urged the Commerce Ministry to address the issue of Chennai customs authorities conducting extra scrutiny of Chinese consignments with the Central Board of Indirect Taxes and Customs (CBIC).
The move by Chennai customs officials, possibly meant for discouraging Chinese imports, causes delays in the release of consignments and adds to the cost of imports.
The Indian government played down the move, claiming that no such instructions were issued and that delays may have been based on intelligence input or risk assessment.
Chennai, a key gateway for Chinese telecom parts and equipment and auto components, is one of the first to opt for such closer scrutiny of Chinese imports, adding that this is likely to be extended to all key ports.
China accounts for around 14 percent of India's imports and is a major supplier for mobiles, telecom, pharma ingredients, power, and plastic toys.
From April 2019 to February 2020, India imported $62.4 billion worth of goods from China while exporting $15.5 billion in the same period.
The widening trade deficit with China has been a cause of concern for India.


Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 



