Govt defers implementation of restrictions on imports of laptops, PCs and tablets to Nov 1
India's Directorate General of Foreign Trade (DGFT) has announced that from November 1, 2023, it will restrict the import of laptops, computers, and their components without a license. After this set date, these electronics can only be imported with a valid license meant for restricted imports. India's electronics imports, including laptops and personal computers, accounted for $19.7 billion between April and June 2023. Key Points
Economic TimesWhy India wants to push homemade laptops
Restrictions in imports of laptops and computers are aimed at reducing dependence on China. However, India has no competitive advantage in this field, and it will be a challenge to replicate the success seen with mobile phones. Key Points
mintGovt restricts imports of laptop, PCs, tablets
India's Directorate General of Foreign Trade has restricted the import of laptops, tablets, all-in-one PCs, ultra small form factor computers and servers. These items will only be allowed against valid licenses specific to restricted imports. DGFT's decision to restrict imports is expected to boost local manufacturing of these goods. Key Points
Economic TimesIndia imposes curbs on import of some laptops, tablets and computers
The Indian Directorate General of Foreign Trade (DGFT) has restricted imports of certain laptops and computers, along with tablets and all-in-one personal computers, with immediate effect. Such items can only be imported with a license for restricted imports, except where Baggage rules apply, or for research and development, testing, benchmarking and repair purposes, or where they are considered an essential part of Capital Good . Key Points
Economic TimesExplained: China’s new rules for chips in government computers with a US snub
China's new guidelines state that software provided by companies including Microsoft Corp. will be replaced, the report noted. Key Points
Hindustan TimesUS says it dismantles 'Warzone RAT' malware service, suspects arrested
By Nate Raymond BOSTON (Reuters) - U.S. authorities on Friday said they had seized websites used to sell cybercriminals malware called "Warzone RAT" that could be used to steal data from victims' Key Points
ThePrintWhy govt banned imports of Laptops, computers? How will it help india? Here are all the answers
India has announced limitations on the import of laptops, tablets, and some types of computers with immediate effect on security grounds and to stimulate domestic manufacturing. The government's move may limit imports of these commodities from China and Korea. Companies must now get approval or a license for their inbound shipments. Key Points
Economic TimesIndia authorises Apple, Dell, Lenovo and others to import laptops, tablets -sources
Apple (AAPL.O), Dell (DELL.N), HP (HPE.N), Samsung (005930.KS) and Lenovo (0992.HK) are among 110 firms authorised by India to import laptops, tablets and personal computers under a new system aimed at monitoring shipments, two government sources said. Key Points
ReutersView: India’s PC import restrictions smell like desperation
India's decision to impose restrictions on the import of computers and tablets now appears to be more like bureaucratic desperation than a solid industrial policy. Businesses will require an import license to bring items like laptops into the country. The governments attempt to push back the implementation only adds to the sense that New Delhi is making things up as it goes along. Key Points
Economic Times44 IT hardware companies log in for PLI sops
IT hardware companies have been told about the licensing portal where it takes five to 10 minutes to get approval for an import licence, this official said. “The regulations being imposed are from a security point of view, and these regulations will not create any disruption anywhere,” the official said. Key Points
Economic Times
India's new import system for laptops, PCs likely to be taken up with US
Though India has allayed US concerns that it has no plans to expand the use of import management system for the IT hardware products such as personal computers and laptops beyond the listed products multilaterally, officials said the issue could be discussed bilaterally at the forum. Washington had said that the measure prompts its firms to think twice about doing business in India and it would impact its exports. Key Points
Economic TimesAI is the Y2K crisis, only this time it’s real
Computers didn’t cause the expected havoc as we rang 2000 in. They’ve been doing so slowly ever since. Key Points
mintIndia launching new 'authorisation' system for import of laptops, tablets and personal computers
According to govt officials, the aim is to monitor shipments of such hardware without hurting market supply. The new system takes effect from 1 November. Key Points
ThePrintHP forecasts 2024 profit in line with estimates, boosts annual dividend
HP Inc (HPQ.N) on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting stabilizing demand in the personal computers market. Key Points
ReutersIT import curbs: Licence Raj or Make in India?
In a surprise move, the government last week reintroduced licensing and ended free imports of IT hardware. Many reasons have been cited for this step. Mint explains the possible rationale and the potential impact of the measure going forward: Key Points
mint
Government delays licensing mandate for import of laptops and PCs by 3 months
Import consignments can be cleared till 31 October without a license for restricted imports. For clearance of import consignments with effect from 01.11.2023, a valid License for Restricted imports is required: Directorate General of Foreign Trade, Government of India Key Points
mintNo ban on imports, companies can import laptops, tablets, etc: Senior official
There is no ban on imports. Companies and traders can import IT hardware, laptops, tablets, etc. said a senior official at the IT ministry, a day after the ministry notified import curbs Key Points
mint