India plans to impose restrictions on laptop, tablet, and PC imports, promoting local manufacturing and targeting major companies like Apple.

India intends to impose restrictions on laptop, tablet, and PC imports starting in January to promote local manufacturing. This initiative targets major companies like Apple and may affect the $8 to $10 billion IT hardware sector, which relies heavily on imports. A new authorization system will require prior approvals for imports. The overall IT hardware market in India is around $20 billion, with $5 billion generated domestically, supported by government incentives.

October 18, 2024
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