Chinese products received higher tariffs from India as the country looks to boost domestic manufacturing to cut reliance on imports. India has Financial Express reported.
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According to Business Today's latest report, as India tightens its import norms, all power equipment bought from China will be checked for malware and Trojan horses, which could cripple economic activity in the country by possibly triggering the electricity grid failures as stated by India's Power Minister RK Singh.
According to Financial Express' latest report, India's Power Minister said that imposing customs duties on some solar power equipment was proposed by the country's renewable energy minister. It is expected to begin on August 1 as part of the country's goal of becoming self-sufficient.
"Power is a very sensitive and strategic sector for any country. Electricity runs all industries, communication systems, and all databases, including strategic ones, and so we have to guard it against any sabotage by countries which are adversaries or possible adversaries," said Power Minister RK Singh.
"We want to build a firewall," he added. Some of the focus areas of India's proposed power sector overhaul are imposing rigorous testing of foreign equipment, more tariff barriers, and prior permission requirements for imports from adversary countries.
India to inspect for possible malware
India's decision to inspect China's power equipment comes in the backdrop of the country contemplating an economic response against China since the start of the "June 15 border clashes". RK Singh said that prior government permission will be required to some countries identified as "prior reference countries," who are adversaries or potential adversaries. The labeled countries are mostly the one which shares borders with India, including Pakistan and China.
"We have reports that malware and Trojan horse can be installed, which can be activated remotely to bring down the power sector and the economy," said Singh.
"So we have decided because it is a sensitive sector, whatever equipment is made in India, we will purchase them. And those that are not made in India, we will import but check thoroughly to rule out the presence of any malware or Trojan horse," he added.
Reported cyberattacks are said from Russia, Singapore, China, and the Commonwealth of Independent States (CIS) countries, which were faced by India's power sector. To examine the cyber threat, Singh confirmed that a committee was set up under the Central Electricity Authority. The panel said that cyber attacks are a real live threat.