Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • Access Denied Business
  • Top U.S. prosecutor will not dispute DOJ decision to drop Gautam Adani’s criminal case
    Top U.S. prosecutor will not dispute DOJ decision to drop Gautam Adani’s criminal case World
  • Women’s Asian Champions Trophy Hockey: India Beat Japan 3-0 To Top League Stage
    Women’s Asian Champions Trophy Hockey: India Beat Japan 3-0 To Top League Stage Sports
  • How much financial aid does U.S. provide to Israel? | Explained 
    How much financial aid does U.S. provide to Israel? | Explained  World
  • Top Space Official On Gaganyaan
    Top Space Official On Gaganyaan Nation
  • Assad flees Damascus, say senior Army officers; Syrian rebels take capital
    Assad flees Damascus, say senior Army officers; Syrian rebels take capital World
  • Govinda, After Bullet Wound Due To Misfire, Releases Message From Hospital
    Govinda, After Bullet Wound Due To Misfire, Releases Message From Hospital Nation
  • U.S. returns over 1,400 antiquities worth  million to India
    U.S. returns over 1,400 antiquities worth $10 million to India World
Government tells IT firms seeking deferral of import licensing regime to submit local production plan

Government tells IT firms seeking deferral of import licensing regime to submit local production plan

Posted on August 9, 2023 By admin


The Centre has countered the IT hardware industry’s request to defer the new import licensing norms by 9-12 months, asking the players to submit a plan to ramp up domestic production in phases.

Domestic players that The Hindu Businessline spoke with said that the Centre expects hardware companies to value-add in the local manufacturing of computers and other devices by nearly 80% in the next few years.

Beyond assembling

Moreover, they expect domestic production of IT hardware to move beyond packaging and assembly to the production of unassembled parts of these devices. To that effect, the government has asked IT players to submit phased plans on how production will be ramped up domestically even as discussions continue between the government and the private industry.

On Tuesday, representatives of many global IT hardware manufacturers, including Apple, Asus, and Dell, met with top officials at the Ministry of Electronics and IT, seeking reprieve on the November 1 deadline get import licences for laptops, tablets, all-in-one personal computers, and ultra-small form factor computers and servers.

These IT companies asked the government to defer the import curb by 9-12 months to give them time to ramp up domestic production and understand the licensing process.

Bolstering production

Discussions are also on with domestic IT hardware companies. According to sources, MeitY officials also likely met with Lava and Bhagwati Products to guage their expectations and the likely assistance the state will provide to bolster production.

“Just like during the formulation of the mobile production-linked incentive scheme, the government has asked for a detailed production plan from the IT players, setting out the exact timeline and scale at which domestic manufacturing can be ramped up,” an executive working at an IT hardware firm explained.

The executive added that the discussions are still happening and that companies are seeking more leniency on the timeline and assistance from the Centre for Making-in-India.



Source link

Business Tags:hardware companies, hardware companies India, IT firms, IT firms import licensing regime, local manufacturing of computers

Post navigation

Previous Post: Area panel tells executive to assure fertilizer availability, build up native manufacturing
Next Post: RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

Related Posts

  • Amid slowing factory activity, Services rebounded to 4-month high in December
    Amid slowing factory activity, Services rebounded to 4-month high in December Business
  • China stocks decline amid economic recovery disappointment
    China stocks decline amid economic recovery disappointment Business
  • Access Denied Business
  • Access Denied Business
  • India, EFTA trade pact to come into force from October 1: Switzerland
    India, EFTA trade pact to come into force from October 1: Switzerland Business
  • BHIM UPI to offer bouquet of financial products
    BHIM UPI to offer bouquet of financial products Business

More Related Articles

Markets jump 1% on easing global trade tensions; PSU Banks, Auto stocks shine Markets jump 1% on easing global trade tensions; PSU Banks, Auto stocks shine Business
IRDAI moots changes to distribution, payout norms IRDAI moots changes to distribution, payout norms Business
Access Denied Business
Rupee dives 61 paise to close at all-time low of 88.19 against U.S. dollar Rupee dives 61 paise to close at all-time low of 88.19 against U.S. dollar Business
Access Denied Business
Team Bharat asks for E10 availability, E0 at reasonable rates amid E20 backlash Team Bharat asks for E10 availability, E0 at reasonable rates amid E20 backlash Business
SiteLock

Archives

  • October 2026
  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • Delhi journalist who accused ACP of sexual harassment slapped with SC/ST Act over ‘casteist remarks’
  • Three Indians killed in Germany building fire: reports
  • Govt. to roll out National Electricity Data Sharing framework in October: Power Secretary
  • BCCI steps in to prevent further forfeitures by Arunachal Pradesh
  • TCCI seeks review of steep parking, access charges at Thiruvananthapuram airport

Recent Comments

  1. RobertTes on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. Manuelret on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. RobertTes on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. RobertTes on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. BrentWes on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Access Denied Business
  • On the fast lane: onus on India’s pace resources to deliver in Australia
    On the fast lane: onus on India’s pace resources to deliver in Australia Sports
  • Access Denied Sports
  • Access Denied Sports
  • Stock markets end flat ahead of RBI’s monetary policy decision
    Stock markets end flat ahead of RBI’s monetary policy decision Business
  • Access Denied Sports
  • Access Denied Sports
  • Omar Abdullah condemns attack on SAD leader Sukhbir Singh Badal
    Omar Abdullah condemns attack on SAD leader Sukhbir Singh Badal Nation

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Associate Journalists
1. Subrata Paul - AN/2020/01
2. Quamruz Zaman - AN/2021/22
3. Ahmed Sha - AN/2021/035
4. Ajay Kumar Shaw - AN/2021/39
5. Tahqiqul Hoda - AN/2021/21

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.