2023-24 India imports $8.4bn IT products, primarily from China, under new licensing regime.

India's import management system for laptops and IT products, launched in October 2022, has allowed authorized importers to bring in over $4 billion this fiscal year. In 2023-24, total imports reached $8.4 billion, primarily from China. The licensing regime, effective until September 30, 2024, aims to monitor shipments without disrupting supply. In 2022-23, imports of personal computers totaled $5.33 billion, down from $7.37 billion the previous year.

September 03, 2024
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