Imports

Government Restricts Laptop, Tablet and PC Imports With Immediate Effect in Bid to Push Local Manufacturing

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The government has restricted imports of laptops, tablets, and personal computers with immediate effect, according to a government notice on Thursday, in a bid to push local manufacturing. “Their import would be allowed against a valid license for restricted imports,” the notice said. In April-June, electronics imports, which include laptops, tablets, and personal computers, were … Read more

Apple, Samsung, HP Halt India Laptop Imports After Sudden Curbs

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Apple, Samsung Electronics and HP 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 world’s biggest PC makers when they made licenses mandatory for import of electronics from small tablets to all-in-one PCs without a license. Laptop … Read more

India Will Not Impose Licensing Requirement on Imports of Laptops and Computers

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India will not impose the licensing requirement on imports of laptops and computers but will only monitor their inbound shipments, a top government official said.  The remarks assume significance as the government in August announced that these products, including laptops, tablets and computers, would be put under licensing regime from November 1. “On laptops, we … Read more

Government Asks Companies to Seek New Approvals for Laptop Imports in 2025

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India on Tuesday said companies will have to seek fresh approvals to import laptops and tablets starting from January 1, 2025 and guidelines to do so will be issued shortly. The country launched an “import management system” in November 2023, which required companies to register with the government the quantity and value of their laptop … Read more

India’s Manufacturing Incentives Progress Amid Efforts to Cut China Imports

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India’s cash incentives to boost domestic manufacturing have attracted over $17 billion (roughly Rs. 1,42,279 crore) of investment since the 2020 launch of the production-linked scheme, a government official said on Wednesday, amid efforts to reduce imports from China. The scheme, which offers four to six percent cash incentives on incremental sales to manufacturers, was launched across 14 sectors including electronics, pharmaceuticals, textiles and white goods. “The PLI … Read more

Crypto Price Today: Bitcoin Falls to $84,900 Following Trump’s Tariff Announcement on EU Imports

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The overall crypto market is facing the impact of new tariff policies introduced by the White House under the US President Donald Trump. On Thursday, February 27, Bitcoin price dropped by over four percent to trade at $84,940 (roughly Rs. 74 lakh) on global exchanges, its lowest level since November last year. According to market … Read more