Taiwanese laptop maker MSI on Tuesday announced the commencement of its manufacturing operations in India with its first facility in Chennai. In line with the objective of "Make in India", MSI will introduce locally-produced versions of two laptop models -- the MSI Modern 14 and MSI Thin 15, a company statement said. "India has become one of MSI's fastest-growing markets, with the brand consistently expanding its presence across the country. "As demand for high-performance laptops continues to rise, MSI is excited to contribute to India's thriving tech ecosystem by offering locally manufactured devices that meet global standards," the statement said. To enhance the accessibility of products in India, MSI is increasing the number of touchpoints, including more laptop brand stores and availability at Croma and Reliance Retail, it added. The India-made Thin and Modern series of laptops will be available at retail prices starting at Rs 73,990 and Rs 52,990, respectively. Looking ahea
Union Minister Piyush Goyal on Thursday said the new guidelines on India's laptop import policy are still under deliberation by the Ministry of Electronics and Information Technology. Asked about the import authorisation system for IT hardware products and what kind of guidelines the government is looking at, Goyal said, "I think, this is still under deliberation. It is handled by the Ministry of Electronics and Information Technology. I am not privy to what is in their mind for the future". It is pertinent to mention here that in September this year, the government extended the approval system for the import of certain IT hardware products, including laptops and tablets, for three months till December 31. These imports stood at USD 8.4 billion in 2023-24 against the authorisation of about USD 9.5 billion. Most of these imports were coming from China. "It is clarified that the importers are allowed to apply for import authorisations, which will be valid up to December 31, 2024. ...
The caveat assumes significance in context of the govt's announcement of its plan in Aug 2023 to issue licences for import of select IT hardware products to reduce the country's dependence on China
India's tablet PC market grew 46 per cent annually in the July-September quarter of this year and Apple's iPad led the segment with 34 per cent share, market research firm CyberMedia Research (CMR) said on Wednesday. According to the report, tablets in the price range of Rs 20,000-30,000 saw a significant 108 per cent YoY increase, highlighting a shift towards premium devices. "Tablet PC India Market Report Review for the third quarter of 2024: the Indian tablet market experienced a remarkable 46 per cent Year-on-Year (YoY) growth, and an impressive 79 per cent Quarter-on-Quarter (QoQ) growth in the third quarter of 2024. This surge is primarily driven by the rapid adoption of 5G tablets and a wave of premiumization in the market," the report said. Apple led the Indian tablet market with a commanding 34 per cent share and a robust 95 per cent year-over-year (YoY) growth. "The new Apple iPad 10 Series contributed to 60 per cent of Apple's shipments, underpinning Apple's strong momen
India mulls 5% annual cut in import limits on laptops, tablets, and PCs from 2025 to boost domestic manufacturing under the Production-Linked Incentive (PLI) scheme, with free imports extended till De
This plan, if implemented, could disrupt an industry worth $8 billion to $10 billion and reshape the dynamics of the IT hardware market in India, which is heavily reliant on imports
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The government's policy flip-flops on restricting imports of laptops and similar products have increased business uncertainty and costs, think tank GTRI said on Wednesday. A decisive and consistent policy is crucial to encourage global technology companies to shift manufacturing units to India and build a robust electronics supply chain, it added. To promote local manufacturing and reduce reliance on China, the government must announce a stable and long-term policy, it noted. India, it said, is bound by the ITA-1 (information technology) agreement of the World Trade Organisation (WTO) and cannot raise import duties, leaving import restrictions as the primary tool for fostering domestic production. However, the repeated extensions of import authorisations and delays in implementing a clear Import Management System (IMS) have undermined these efforts, the think tank said. "A decisive, consistent policy is crucial to encourage global tech companies to shift manufacturing to India and
Asks companies to seek fresh approvals based on new guidelines from January 1
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
The government is expected to extend the existing import management system for imports of certain IT hardware products including laptops and tablets for three months, an official source said. The deadline for review of the system is September 30. The official said that these imports stood at USD 8.4 billion in 2023-24 against the authorisation of about USD 9.5 billion. Most of these imports were coming from China. In October last year, the government rolled out an import management/ authorisation for imports of laptops, personal computers and certain other IT hardware products. The system is aimed at monitoring inbound shipments of these items into the country without hurting market supply. The importers are allowed to apply for multiple authorisations and those authorisations would be valid up to September 30, 2024. The authorisations will be issued for any number of consignments for imports till September. On November 1, 2023, the government cleared over 100 applications, includ
These new AI PCs from MSI are now available for pre-order at MSI Laptop Brand Stores across India. Check details
With the deadline for review of import management system for laptops and other IT products nearing, the companies which have received authorisations have imported these products worth over USD 4 billion so far this fiscal, an official said. These imports stood at USD 8.4 billion in 2023-24 and most of these imports were coming from China, the official said. In October last year, the government rolled out an import management/ authorisation for imports of laptops, personal computers and certain other IT hardware products. The system is aimed at monitoring inbound shipments of these items into the country without hurting market supply. The importers are allowed to apply for multiple authorisations and those authorisations would be valid up to September 30, 2024. The authorisations will be issued for any number of consignments for imports till September. On November 1, 2023, the government cleared over 100 applications, including those of Apple, Dell and Lenovo, which sought permissio
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The company is on a high growth path driven by a significant increase in manufacturing volumes for Motorola and Xiaomi. The new facility in Chennai plant is expected to be operational by Q4FY25