Import substitution definition

Import substitution means replacing inputs, products or services from out-of-state firms or locations with Iowa inputs, products or services.
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Examples of Import substitution in a sentence

  • News items: Ministry of Industry, Automakers agree to accelerate import substitution, 22 November 2012 (Exhibit JE-530/EU-216); Ministry of Industry, Import substitution: Auto parts that can start being produced in Argentina are defined, 19 February 2013 (Exhibit JE-534/EU-220); and Ministry of Industry, Giorgi and Moreno agreed with automakers, auto part producers and steel makers to substitute imports of special steels, 19 June 2012 (Exhibit JE-231).

  • Table 3 : Comparative Performance During Sub-Phases of Market Reform Phase=> Table 4: Growth Spurt in Asian Economies[From Import substitution (IS) to Export promotion (EP)] 4.1.2 Embodied Technology and Factor ProductivityThe spurt in growth was driven mostly by a 1.7 per cent point acceleration in total factor productivity to 2.6% per annum [Virmani (2004d)].

  • Benefits derived as a result of the above efforts e.g. Product Improvement, Import substitution etc.

  • Benefits derived as a result of the above efforts e.g. product, improvement, cost reduction and product development, Import substitution etc.

  • EXIM Bank of Pakistan Limited has been established by the Government of Pakistan with an objective to promote, expand and provide diversification of the Export base at Pakistan and to encourage businesses by providing financial instruments/facilities to work on Import substitution products etc.

  • Import substitution refers to a good normally imported by a country being replaced by one produced domestically.Electricity Holding Group Co., Huachen Automotive Group Holdings Co. and Tsinghua Unigroup Co. (Yu, 2020).

  • Import substitution (indicate items developed and foreign exchange earned): Our products have saved foreign exchange due to import substitution in projects in India and are under active export marketing and promotion.Commercialized by the Company: S.

  • Benefits derived as a result of the above efforts e.g. Products improvement, Cost reduction, Products development, Import substitution etc.

  • C FOREIGN EXCHANGE EARNING AND OUTGO Import substitution and alternate sourcing is used as a measure of cost reduction, where possible.

  • Import substitution on several mechanical transmissions, valve components, control panels and also progressive indigenization of all product lines.

Related to Import substitution

  • Bulk drug substance means any substance that is represented for use, and that, when used in the

  • Replacement Product means electric generating capacity, capacity-related benefits, environmental attributes, Energy or other electric products from a generation resource other than the Facility that are provided or delivered to replace or substitute for Contract Capacity or Storage Capacity (or any Capacity-Related Benefit, Environmental Attribute, Other Electric Product, Contract Energy, or Storage Energy associated therewith), in each case, in whole or in part, pursuant to Section 4.6.

  • Balancing Authority Area or “BAA” shall mean the collection of generation, transmission, and loads within the metered boundaries of the Balancing Authority. The Balancing Authority maintains load-resource balance within this area.

  • customs territory means the territory of the country of each Contracting Party in which the Customs laws of that country are in force;

  • embedded generator means a generator who is not a market participant and whose generation facility is connected to a distribution system of a distributor, but does not include a generator who consumes more electricity than it generates;

  • Drug Substance means an active ingredient that is intended to furnish pharmacological activity or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the human body, but does not include intermediates used in the synthesis of such ingredient.

  • Consumable means any component of a good that is used up recurrently and needs to be replaced for the good to function as intended;

  • Consumables means where the context permits, Digital Print Consumables, Inkjet Printing System Consumables and Prepress Consumables.

  • Manufacture means the production of products in a factory using labour, materials, components and machinery and includes other related value-adding activities.

  • Illegal use of drugs means the use of drugs, the possession or distribution of which is unlawful. Such term does not include the use of a drug taken under the supervision by a licensed health care professional.

  • Successor manufacturer means a manufacturer that acquires, succeeds to, or assumes any part of the business of another manufacturer as the result of any of the following:

  • Added filtration means any filtration which is in addition to the inherent filtration.

  • Third Party Components means software and interfaces, licensed by RIM from a third party for incorporation into a RIM software product, or for incorporation into firmware in the case of RIM hardware products, and distributed as an integral part of that RIM product under a RIM brand, but shall not include Third Party Software.

  • Sewage sludge means a solid, semi-solid, or liquid residue generated during the treatment of domestic sewage in a treatment works as defined in section 6111.01 of the Revised Code. "Sewage sludge" includes, but is not limited to, scum or solids removed in primary, secondary, or advanced wastewater treatment processes. "Sewage sludge" does not include ash generated during the firing of sewage sludge in a sewage sludge incinerator, grit and screenings generated during preliminary treatment of domestic sewage in a treatment works, animal manure, residue generated during treatment of animal manure, or domestic septage.

  • Antenna coating means a coating labeled and formulated exclusively for application to equipment and associated structural appurtenances that are used to receive or transmit electromagnetic signals.

  • Consumables and medical devices means (consumables) items that require regular replacement (e.g. batteries) to keep a medical device (such as a hearing aid) operational. Many medical devices require consumables.

  • Remanufacturing means the activity of overhauling, retrofitting, fabricating, or repairing a product or its component parts for ultimate sale at retail.

  • CIP (Destinations means Carriage and Insurance Paid up to named port of destination. Additionally the Insurance (local transportation and storage) would be extended and borne by the Supplier from ware house to the consignee site for a period including 3 months beyond date of delivery.

  • Manufacturing Facility means buildings and structures, including machinery and equipment, the primary purpose of which is or will be the manufacture of tangible goods or materials or the processing of such goods or materials by physical or chemical change.