Business Standard
NEWS

India is more likely to delay import licenses for laptops, tablets and computer systems by a yr

India is more likely to postpone a plan requiring licenses for imported laptops, tablets and private computer systems by a yr, two authorities officers mentioned, in a breather for firms corresponding to Apple, Samsung and Lenovo.

The licensing regime, introduced all of a sudden on August 3, goals to “guarantee entry of dependable gadgets and programs” into India, scale back dependence on imports, enhance home manufacturing, and partially handle the nation’s commerce imbalance with China.

After business objections, the plan, which might additionally have an effect on Dell and HP, was shortly delayed by about three months and got here below criticism from Washington.

Now, as an alternative, the Ministry of Electronics has proposed a less complicated course of for registering imports beginning in November, mentioned the officers, who’ve direct information of the discussions. The ministry conveyed the proposal to business officers at a gathering on Friday, they added.

(Solely the title and picture of this report might have been reworked by Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)

First printed: September 23, 2023 | 4:36 pm he

Leave a Reply

Your email address will not be published. Required fields are marked *