India implements import restrictions on laptops and computers to boost local manufacturing

South AsiaIndia implements import restrictions on laptops and computers to boost local manufacturing

In a significant move aimed at promoting domestic manufacturing, India has imposed restrictions on the import of laptops, tablets, and personal computers with immediate effect, according to a government notice issued on Thursday.

The notice stated that the import of these electronic devices would be permitted only against a valid license for restricted imports, Khyber Mail citing agencies reported.

This step is part of India’s broader strategy to strengthen the local manufacturing sector and reduce reliance on foreign imports.India implements import restrictions on laptops and computers to boost local manufacturing

During the period from April to June, electronics imports which include laptops, tablets, and personal computers amounted to $19.7 billion, showing a year-on-year increase of 6.25 percent. Electronics imports currently make up around 7 percent to 10 percent of India’s total merchandise imports.

Industry experts believe that this restriction represents a forceful push to encourage manufacturing within the country. Ali Akhtar Jafri, former director-general at the electronics industry body MAIT, highlighted that the government’s intention is not merely a gentle nudge but a decisive effort to boost domestic production.

India has been actively promoting local manufacturing through various initiatives, including offering production-linked incentives in more than two dozen sectors, including electronics. These efforts are aimed at attracting significant investments in IT hardware manufacturing, covering products such as laptops, tablets, personal computers, and servers.

Furthermore, the government has extended the deadline for companies to apply for its $2 billion manufacturing incentive scheme, indicating its strong commitment to foster growth in the IT hardware manufacturing sector and bolster self-reliance in the electronics industry.

With this move, India is taking decisive steps towards building a self-reliant and robust electronics manufacturing ecosystem within its borders. By reducing imports and boosting domestic production, the country seeks to strengthen its economy and create more employment opportunities in the technology sector.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Annual Alumni Dinner of Brett Philosophical Society Government College University Lahore held

0
Lahore, Pakistan: The Annual Alumni Dinner and Conferment Ceremony organized by Brett Philosophical Society and Department of Philosophy and Liberal Arts at Government College...

Why do 104 US Lawmakers demand the release of Imran Khan from jail?

0
Monitoring Desk: Another letter signed by 46 US Congress members in support of Imran Khan has been sent to US President Biden confirming again...

The axis of Imran Khan’s politics is lies and slander

0
Islamabad, Pakistan: A campaign launched by PTI in social as well as mainstream media claims that confidence-building measures (CBMs) are operational between military leadership...
Donald Trump Leaked Audio Clip

Trump’s Presidency may reset US-Pakistan diplomatic dynamics

0
By Farzeen NadeemDonald Trump’s victory in the presidential elections as the 45th President of the United States can be termed transformative, even though the...
Without comprehensive, false information will continue to destabilize Pakistan, says COAS Gen Asim Munir

Without comprehensive laws, false narratives will continue to destabilize Pakistan, says COAS Gen Asim...

0
Islamabad, Pakistan: Army Chief General Syed Asim Munir has reiterated that without comprehensive laws and regulations, false and misleading information and hate speech will...
Advertisement