It Hardware Gst

Govt considers extending laptop import rules as September 30 deadline nears

The import authorisation system, introduced in October 2023 to monitor imports, has already led to a decline in imports of seven IT hardware products, including laptops, personal computers, and tablet

Global tech body concerned over future after import mgmt scheme expires

ITI represents 80 technology firms around the world, including giants like Apple, Amazon, Google, Dell, Microsoft, and Tata Consultancy Services

US raises concerns with India on import of select IT hardware goods: Report

The US on Friday said it has raised concerns with India regarding the import regime of certain information and communications technology products, including laptops, and tablets, amid New Delhi's decision to restrict inbound shipments of such products. At present, an authorisation is needed for importers of certain IT hardware goods into India. The USA's National Trade Estimate Report on Foreign Trade Barriers 2024 also said American exporters have raised concerns over the lack of prior stakeholder consultations on the issues. "The United States continues to monitor implementation and to raise concerns with India (on this)," it said. The report alleged that the "opaque and unpredictable" nature of India's application of quantitative restrictions has affected the ability of US exporters to access the market. "The United States continues to raise this issue, along with other trading partners, at the WTO (World Trade Organisation)," it said, adding that the US government continues to

No import restrictions on certain IT products like desktop computers: DGFT

The government has clarified that there are no import restrictions on certain IT hardware products such as desktop computers. In a circular to customs authorities and industry, the commerce ministry arm Directorate General of Foreign Trade (DGFT) has said only the import of laptops, tablets, all-in-one personal computers, ultra small form factor computers and servers is restricted and imports of these goods are allowed against a valid import authorisation. "The given import restriction does not apply to any other goods such as desktop computers, etc, under the tariff head 8471," it said. In international trade parlance, every product is categorised under an HSN (Harmonised System of Nomenclature) code, or tariff heads. It helps in systematic classification of goods across the globe. HS Code 8471 includes products related to automatic data processing machines and units. It includes a mouse, printers, scanners, and CD drives. In August 2023, the government imposed restrictions on ..

US to India: Ensure personal computer import rules don't hurt trade

The DGFT clarified that the present monitoring would apply to five specified products and not to all other items, such as desktop computers

27 firms granted approval under new IT hardware PLI scheme: Vaishnaw

The government on Saturday said 27 companies, including Dell, HP, Foxconn, and Lenovo, have been granted approval under the new production-linked incentive (PLI) scheme for IT hardware. The move comes at a time when India is wooing IT hardware players with policy sweeteners and incentive schemes, making a determined push to position itself as a global hub for hi-tech manufacturing. "I am happy to announce that 27 companies have been approved under the PLI IT hardware scheme. About 95 per cent of these...23 companies are ready to start manufacturing from day-zero," Minister for Electronics and IT Ashwini Vaishnaw said. "This will set us up for being a big force in manufacturing of PCs, servers, laptops, and tablets," he added. These 27 companies will invest Rs 3,000 crore. Big players, including Dell, Foxconn, HP, and Lenovo, are among the companies whose applications have been approved.

Govt's registration requirement for laptop imports a boon for us: Primebook

The government's move to enforce registration requirement for laptop imports came as a boon for home-grown Android-based laptop maker Primebook, according to the company's CEO Chitranshu Mahant. The move (to put registration requirement for imports) "actually came as a blessing to us. We had no issues, but other brands were not able to import stuff. So we had a good market exposure because of the problems," Mahant told PTI. The government has put in place a new system under which companies willing to import laptops, tablets and certain components are required to register the quantity and value of imports on a portal. The new system was announced in October this year and the government has cleared a total of 110 applications, including those from Apple, Dell, HP and Lenovo, seeking permission for imports worth around USD 10 billion. The authorisation for these imports is valid until September 2024. According to the government, the new 'import management system' is aimed at monitorin

Govt clears 110 applications for laptop imports, other IT hardware products

The government has cleared about 110 applications of the 111 requests received for allowing imports of laptops, computers and other IT hardware products so far, an official said. The companies that received approvals include Dell International Services India, Appl India, HP India Sales Pvt Ltd, Lenovo (India), ASUS India, IBM India, Samsung India Electronics, Xiaomi Technology India, Cisco Commerce India, Siemens Ltd and Bosch Ltd, the official said. As many as 111 applications were received so far seeking authorization for the import of IT products, the official added. The government last month tweaked curbs on imports of laptops and computers, allowing importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. "Around 110 import

Govt won't curb PC, laptop, and other IT hardware product imports

Puts in place 'contactless' authorisation system

Annual registration required for IT hardware importers under new system

This policy change comes against the backdrop of proposed import curbs on laptops and IT hardware, slated to take effect from 1 November

India likely to delay import licensing of laptops, tablets, PCs by a year

After industry objections, the plan, which would also affect Dell and HP, was quickly delayed by about three months, and came under criticism from Washington

Govt discusses 2 new criteria for import of information technology hardware

Move to link import value of companies' domestic manufacturing and exports

IT hardware PLI: Focus shifts from exports to import substitution

The scheme will now help in reducing India's over-dependence on imports (80 per cent of laptops are imported), especially from China which include laptops, tablets and servers

32 companies apply under PLI IT hardware scheme: Ashwini Vaishnaw

As many as 32 companies, including global biggies like HP, Dell and Lenovo, have applied under the Production Linked Incentive scheme for IT hardware, Union Minister Ashwini Vaishnaw said on Wednesday. The expected incremental production under the scheme is pegged at Rs 3.35 lakh crore, said Vaishnaw, Minister for Electronics and IT. "India is emerging as a trusted supply chain partner and value added partner ... companies are happy to come to India for manufacturing and design," Vaishnaw said at a media briefing. Overall, 32 applications have been received under PLI for IT hardware scheme so far, Vaishnaw said describing it as a good response. The response is more than anticipated, he said.

Govt extends deadline of IT hardware products PLI scheme till August 30

The budgetary outlay was more than doubled to Rs 17,000 crore compared to the previous scheme with a provision of Rs 7,325 crore

Govt extends application deadline for IT hardware PLI 2.0 to August 30

The PLI scheme for IT hardware was notified via a government notification on May 29, 2023, with a total budget outlay of Rs 17,000 crore

Cabinet okays revised IT hardware PLI scheme with Rs 17,000-cr outlay

New scheme may offer sops of up to 9% on incremental sales of laptops, tablets, all-in-one PCs, servers and edge computing devices made in India; tenure extended to six years from four

Electronics manufacturing gets a reality check; only $225 bn value by FY26

Owing to the lukewarm response, the PLI scheme for IT hardware is being rewor­ked

Global IT hardware industry players urge govt to postpone PLI 2.0 scheme

The IT industry has asked the govt to defer the implementation of the revised production liked incentive scheme, PLI 2.0

VVDN signs deal to make Intel products for telecom, networking in India

Gurgaon-based company is a beneficiary of the government's PLI scheme for IT hardware, telecom