Meity to meet IT hardware companies next week to discuss import rules

"Meity will call IT hardware companies next week to share the plan it has for import of IT hardwares," a Meity official told PTI

Lenovo Tab P12, Lenovo Tab P12 review, Lenovo tab review, Tab P12 Review, Tab P12, Lenovo Tab, Big screen tablet, android tablet, lenovo tablet big screen
The country has imported personal computers, including laptops, worth USD 5.33 billion in 2022-23 compared to USD 7.37 billion in 2021-22.
Press Trust of India New Delhi
2 min read Last Updated : Oct 15 2024 | 12:10 AM IST

The Ministry of Electronics and IT is planning to meet IT hardware company to work on import rules for tablet, personal computers, etc, next week, according to official sources.

The government has extended the existing approval system for import of certain IT hardware products, including laptops and tablets, for three months from September 30 to December 31.

"Meity will call IT hardware companies next week to share the plan it has for import of IT hardwares," a Meity official told PTI.

IT hardware imports stood at USD 8.4 billion in 2023-24 against the authorisation of about USD 9.5 billion. Most of these imports were from China.

On August 3, 2023, the government first imposed import restrictions on laptops, tablets, all-in-one personal computers, ultra-small form factor computers, and servers.

After the industry flagged concerns over the curbs, the government in October last year rolled out an import management/authorisation of these products.

The system is aimed at monitoring inbound shipments of these items into the country without hurting market supply.

On November 1, 2023, the government cleared over 100 applications, including those of Apple, Dell, and Lenovo, which sought permission for imports of these IT hardware products worth nearly USD 10 billion, on the first day of implementation of the new system.

The new licence regime is applicable to laptops, personal computers (including tablet computers), microcomputers, large or mainframe computers, and certain data processing machines to ensure India's trusted supply chain.

The country has imported personal computers, including laptops, worth USD 5.33 billion in 2022-23 compared to USD 7.37 billion in 2021-22.


*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :IT ministry

First Published: Oct 14 2024 | 6:19 PM IST

Next Story