India imposes limit on import of laptops, personal computers to encourage local manufacturing
India

India imposes limit on import of laptops, personal computers to encourage local manufacturing

It has extended the deadline for companies to apply for its $2 billion manufacturing incentive scheme to attract big-ticket investments in IT hardware manufacturing.

   
Parliament building is reflected in a puddle after the rain as a man sweeps the water in New Delhi, India July 20, 2018 | Reuters

Parliament building is reflected in a puddle after the rain as a man sweeps the water in New Delhi, India July 20, 2018 | Reuters

NEW DELHI– India 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 licence for restricted imports,” the notice said.

In April-June, electronics imports, which include laptops, tablets and personal computers, was $19.7 billion, up 6.25% year-on-year.

“The move’s spirit is to push manufacturing to India. It’s not a nudge, it’s a push,” said Ali Akhtar Jafri, former director general at electronics industry body Manufacturers’ Association of Information Technology.

Dell <DELL.N>, Acer, Samsung, LG, Panasonic, Apple Inc, Lenovo <0992.HK> and HP Inc are some of the key companies selling laptops in the Indian market and a substantial portion are imported from countries such as China.

(Reporting by Shivam Patel and Aftab Ahmed in New Delhi; Editing by Sudipto Ganguly and Raju Gopalakrishnan)


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