Key Points
Apple Inc., Samsung Electronics Co. and HP Inc. are among the biggest names freezing new imports of laptops and tablets to India after the South Asian country abruptly banned inbound shipments without a license...
Regulators on Thursday surprised the worlds biggest PC makers when they made licenses mandatory for import of electronics from small tablets to all-in-one PCs without a license..
Laptop makers had been bracing for some government measures aimed at reducing reliance on imports and boosting local production, but the sudden licensing imposition caught the industry off-guard, people familiar with the matter said, declining to be named due to the sensitivity of the issue...
Tech firms are now engaging with New Delhi on how to most quickly obtain licenses at a period of heightened consumer interest with Indias Diwali shopping season and back-to-school period approaching, the people said..
Prime Minister Narendra Modis government is currently seeking applications for a 170 billion-rupee ($2.1 billion) financial incentive plan to draw makers of laptops, tablets and other hardware to the worlds most populous nation as companies look to diversify supply chains beyond China...
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