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Laptop import cut of 5% in works; govt wants no supply disruption

Business Standard LogoBusiness Standard7h ago

Laptop import cut of 5% in works; govt wants no supply disruption - Business Standard

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The caveat assumes significance in the context of the government’s announcement of its plan in August 2023 to issue licences for import of select IT hardware products to reduce the country's dependence on China.

As the Union government explores ways to restrict import of laptops and other electronic devices starting with a 5 per cent reduction from the current level, it is working to ensure that there’s no supply disruption in India even if an import cap is introduced, it is learnt.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 23:04:45 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 99 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23636053

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 157 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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