financetom
Economy
financetom
/
Economy
/
India clears 110 requests for grant of import licenses for laptops, computers: Sources
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India clears 110 requests for grant of import licenses for laptops, computers: Sources
Nov 1, 2023 8:45 AM

Government sources have indicated that around 110 requests have been approved for grant of import licenses for laptops and computers. While most of the requests submitted on the government portal have been approved, a rejected request is from a company that figures in the "denied entity list".

The companies that received approvals include Dell International Services India, Apple India, HP India Sales Pvt Ltd, Lenovo (India), ASUS India, IBM India, Samsung India Electronics, Xiaomi Technology India, Cisco Commerce India, Siemens Ltd and Bosch Ltd, as per news agency PTI.

The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime.

"Around 110 import authorisations have been issued to date. All major IT hardware companies have already availed authorisations. All applications received are being disposed of within the time stipulated. There is no pendency as on date," an official told PTI.

The new license 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.

While an import management system for electronic products like laptops, computers and tablets has kicked in from November 1, the United States, South Korea and several other nations had expressed concerns with these import policy changes.

The US had even expressed concerns before the WTO Committee on Market Access, citing uncertainties for exporters and users. However, India has maintained that its move is in line with its international commitments and isn't violative of any WTO norms. India had imported personal computers, including laptops, worth $5.33 billion in FY 2022-23, compared to $7.37 billion in FY 2021-22.

(With inputs from PTI)

(Edited by : Pihu Yadav)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Less Germans moving to US since Trump's inauguration, official data show
Less Germans moving to US since Trump's inauguration, official data show
Nov 10, 2025
BERLIN (Reuters) -The number of people moving from Germany to the United States dropped sharply in 2025 following the start of President Donald Trump's second term, official data showed on Monday. Between January and September, emigration to the U.S. decreased by 17.8% year-on-year to around 17,100, according to preliminary figures from Germany's federal statistics office. Departures to the U.S. in...
Fewer Germans moving to US since Trump's inauguration, official data shows
Fewer Germans moving to US since Trump's inauguration, official data shows
Nov 10, 2025
(Fixes grammar in headline to fewer from less, no change to text) BERLIN (Reuters) -The number of people moving from Germany to the United States dropped sharply in 2025 following the start of President Donald Trump's second term, official data showed on Monday. Between January and September, emigration to the U.S. decreased by 17.8% year-on-year to around 17,100, according to...
US container imports fall in October amid tariff driven caution
US container imports fall in October amid tariff driven caution
Nov 10, 2025
(Reuters) -U.S. imports of containerized goods fell 7.5% year-over-year in October, as shipments from China plunged 16.3% amid importer caution over President Donald Trump's evolving tariff policies, supply chain technology provider Descartes said on Monday. U.S. seaports handled a total of 2.3 million twenty-foot equivalent units (TEUs) last month, down 0.1% from September and below the 2.4 million to 2.6...
Fed's Daly says policymakers need to keep an open mind about further cuts
Fed's Daly says policymakers need to keep an open mind about further cuts
Nov 10, 2025
WASHINGTON (Reuters) -Slowing payroll growth in the U.S. is likely due more to weaker demand for workers than the drop in the labor force from tightened immigration policy, an important distinction in the U.S. Federal Reserve's debate about further interest rate cuts, San Francisco Fed President Mary Daly said on Monday. In a new essay Daly said slowing wage growth...
Copyright 2023-2026 - www.financetom.com All Rights Reserved