DC Edit | Will Indian tech giants step up?
1 year, 7 months ago

DC Edit | Will Indian tech giants step up?

Deccan Chronicle  

After India boosted its mobile phone manufacturing through a carrot-and-stick policy, involving production-linked sops and import restrictions, the Narendra Modi-led government has announced restrictions on the import of laptops, tablets and some types of computers, citing security reasons. India has imported personal computers, including laptops worth $5.33 billion in 2022-23, as against $7.37 billion in 2021-22, while the overall electronics imports accounted for $19.7 billion between April and June 2023, expanding at a rate of roughly six per cent each year. According to a report of think-tank Global Trade Research Initiative, India’s 65 per cent imports from China are limited to just three product groups — electronics, machinery and organic chemicals. “Import of laptops, tablets, all-in-one personal computers, and ultra small form factor computers, servers and others is ‘restricted’ with immediate effect,” DGFT said in a notification. Though the import licensing requirements could rekindle the memories of the long-forgotten licence raj, the government stressed that its aim was to “ensure trusted hardware and systems, reduce import dependence and increase domestic manufacturing of electronic items”.

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