Home / Companies / News / Tech giants Apple, Samsung likely to benefit from MeitY's new import regime

Tech giants Apple, Samsung likely to benefit from MeitY's new import regime

Meanwhile, companies like HP and Acer, which do not sell mobile phones in India, are likely to miss out

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Photo: Bloomberg

Surajeet Das Gupta New Delhi

3 min read Last Updated : Sep 26 2023 | 8:37 PM IST

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Tech giants Apple and Samsung are likely to be the key beneficiaries of the new import management system that is currently being formulated by the Ministry of Electronics and Information Technology (Meity), experts said.

According to a proposal under discussion, Meity will give import credits to companies, which will be linked to their performance based on the domestic value of production as well as the value of their exports of electronic items.

The credits can be used by these firms to import their branded laptops, notebooks, tablets and small servers for the Indian market, part of the new “import management regime.”

Consequently, Apple

Topics : Apple iPhone Samsung information technology

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