Govt extends import regime for IT hardware products till December 31

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Govt extends import regime for IT hardware products till December 31 - Business Standard

Quick Summary:

Under this system, the import permit is issued in an end-to-end online format.

According to Srivastava, such restrictions would push American tech giants like Apple, Dell, and HP, which manufacture in China, to set up operations in India.“The US’s stance on China is inconsistent.

It imposes tariffs and restrictions on Chinese goods like solar cells and electric vehicles to protect its own interests but resists when other nations take similar steps that might affect American companies.