India restricts laptop, PC imports to boost local manufacturing

  • Date: 06-Aug-2023
  • Source: Egypt Independent
  • Sector:Technology
  • Country:Egypt
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India restricts laptop, PC imports to boost local manufacturing

CNN — India has placed restrictions on the import of computers and laptops in a surprise move from the government of Prime Minister Narendra Modi which has been trying to encourage domestic manufacturing in the tech sector.

Importers will now need to apply for licenses in order to bring laptops, tablets, personal computers and other electronic devices into the country, according to a notice issued by the Ministry of Commerce and Industry on Thursday. Previously, the import of such items was unrestricted.

The ministry didn’t provide a reason for the change in rules, however Modi has aggressively pushed his “Make in India” campaign, which promotes local manufacturing in a bid to create more jobs. It follows a similar curb on smart TV imports in 2020.

India’s electronic imports stood at $19.7 billion in the April to June period, up 6.25% from the same period in 2022, according to Reuters.

CNN has contacted Apple (AAPL) and Samsung (SSNLF), top laptop sellers in the South Asian country, for comment but has not yet received responses.

India’s push to manufacture domestically comes at a crucial time for the world’s most populous nation, as companies look beyond China to secure crucial supply chains.

India’s working-age population is expected to hit