Hyderabad: Chevella MP Konda Vishweshwar Reddy has emphasized that India can only achieve self-reliance if dependence on foreign imports is reduced and the use of indigenous products is significantly increased. Vishweshwar Reddy pointed out that the new GST policies introduced by the council under the central government could temporarily reduce revenues by nearly Rs 7 lakh crore. Highlighting the heavy reliance on imports in several key sectors, he noted that this results in high foreign exchange outflow. To address this, industries believe the central government should take the lead in striking strategic trade agreements with other nations. He also underlined that, in view of the recent tariffs imposed by the United States, the urgency to promote and consume indigenous products has become even greater.