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Home World India

India plans to impose import curbs on laptops to boost local production: Report

18 October 2024
in India
India plans to impose import curbs on laptops to boost local production: Report
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India is expected to limit imports of laptops, tablets, and personal computers after January to promote domestic manufacturing, with the government monitoring imports under a system set to expire this year. The move, aimed at reshaping the IT hardware market worth $8-$10 billion, follows a previous plan that was withdrawn due to backlash. The country’s commitment under the Information Technology Agreement prohibits duty hikes on these products, leading to the implementation of an import management system instead.

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