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Centre grants one year extension for select IT hardware import system

Govt to monitor local manufacturing under PLI before imposing any import curbs

The Directorate General of Foreign Trade (DGFT) on Wednesday extended the  import management system for select IT hardware products for another year. This comes at a time when domestic production in India is far lower than the demand.
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Indications are that the govt could impose import curbs later in the year if it is felt that any company is not complying with manufacturing targets

Shreya NandiNivedita Mookerji New Delhi

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The Directorate General of Foreign Trade (DGFT) on Wednesday extended the  import management system for select IT hardware products for another year. This comes at a time when domestic production in India is far lower than the demand.
 
The current import management system for the seven IT hardware products including laptop, tablet, all-in-one personal computer, ultra small form factor computer and servers, is valid till December 31, 2024. According to the latest DGFT notification, importers will have to seek fresh authorisation for next year.
 
A senior government official told Business Standard that there is no ‘drastic change’ in the new