Key Points
This move is expected to provide manufacturers such as Apple Inc., HP Inc., and Dell Technologies Inc. with additional time to prepare for potential limitations...
The government has decided to ease its previously planned restrictions on the import of laptops, tablets, and other IT hardware, reported Bloomberg News...
The government's recent announcement of plans to restrict laptop and tablet imports without the suddenly required license took companies like Apple and Samsung Electronics by surprise...
However, under the updated plan, all companies importing various tech products, including tablets, laptops, desktop computers, and servers into India, will need to register...
Unlike the previously contemplated licensing regime, which expected companies to immediately reduce imports, the new rules will not impose limitations on inbound shipments for approximately six to nine months, according to insiders quoted in the Bloomberg report...
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05, Aug, 23Import 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
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03, Apr, 23Maintaining that it is focused on manufacturing iPhones in India, Apple has declined to participate in the revised IT hardware production-linked incentive (PLI) scheme, government sources said.
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Will price of MacBooks increase after October 31 due to govt laptop import ban? It seems likely
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Govt defers implementation of restrictions on imports of laptops, PCs and tablets to Nov 1
04, Aug, 23India'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.
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17, May, 23On its part, the industry said that this the best time for global firms to shift their manufacturing base from China to India.
Global IT hardware companies bat for lifting of import restrictions
01, Sep, 23In a meeting with IT minister Ashwini Vaishnaw, held earlier this week, the companies said the import licensing requirement puts unnecessary pressure since there is no ecosystem in place in India at present to manufacture these products such as laptops, tablets and servers, executives present at the meeting told ET.