India restricts import of laptop, computers to push local manufacturing (updated)

Acer Incorporated

03/08/2023 07:47

(Adds details, comments)
       NEW DELHI, Aug 3 (Reuters) - 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
 AAPL.O , Lenovo  0992.HK  and HP Inc  HPQ.N  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)
 ((Shivam.Patel@thomsonreuters.com;))