Centre Rolls Back Restrictions On Laptop Imports

Centre Rolls Back Restrictions On Laptop Imports

SUMMARY

Trade Secretary Sunil Barthwal said the government "only wants importers to be on close watch"

DGFT Santosh Kumar Sarangi said the Indian government is holding consultations with the industry and a new order on laptop imports would be announced by the end of October

In August, the Centre imposed immediate restrictions on the import of laptops, tablets, and personal computers, however, the deadline was extended

The union government has decided to roll back its decision to impose restrictions on laptop imports, Trade Secretary Sunil Barthwal said at a press conference on Friday (October 13).

As per a Reuters report, Barthwal said the government “only wants importers to be on close watch”.

The development comes months after the Centre imposed immediate restrictions on the import of laptops, tablets, and personal computers in August this year. However, the government faced criticism from the industry on the move.

US-based tech majors, including Apple, Intel, Google, and Dell, sought help from the US government and urged US President Joe Biden to intervene and make India reconsider these restrictions.

While the Directorate General of Foreign Trade (DGFT) extended the deadline till 31 October for acquiring a valid licence for restricted imports, several laptop manufacturers asked the Centre for further extension.

As per the news agency, DGFT Santosh Kumar Sarangi said that the Indian government is holding consultations with the industry and a new order on laptop imports would be announced by the end of October. However, he didn’t disclose any further details.

It must be noted that the Centre has been focusing on increasing domestic manufacturing across sectors and has launched production-linked incentives (PLI) schemes for various sectors.

In fact, after the ban on laptops, 44 hardware manufacturers applied for manufacturing in India under the government’s INR 17,000 Cr PLI scheme for manufacturing IT hardware.

You have reached your limit of free stories
This Diwali, Get Up To 74% Off On Inc42 Plus

Become A Startup Insider With Inc42 Plus

Inc42 Plus Diwali Offer Ends In
countdownmail.com
2 YEAR PLAN
₹19999
₹6499
₹270/Month
UNLOCK 68% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹3499
₹291/Month
UNLOCK 65% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Centre Rolls Back Restrictions On Laptop Imports-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Centre Rolls Back Restrictions On Laptop Imports-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Centre Rolls Back Restrictions On Laptop Imports-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Centre Rolls Back Restrictions On Laptop Imports-Inc42 Media
Centre Rolls Back Restrictions On Laptop Imports-Inc42 Media
You’re in Good company