India Plans Laptop Import Curbs To Boost Local Manufacturing

by

India is expected to limit imports of laptops, tablets and personal computers after January, Reuters reported Friday citing government sources, a move to push companies such as Apple to increase domestic manufacturing. From the report: 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. A similar plan to restrict imports was withdrawn last year following backlash from companies and lobbying from the United States. India has since monitored imports under a system set to expire this year and has asked firms to seek fresh approvals for imports next year. The government feels it has given the industry enough time to adapt, said the sources, who did not want to be identified as discussions are private.