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IT Hardware Companies Urge Government for Clarity on New Import Rules Before October Deadline

The IT hardware industry is asking the government for more details on the new import rules starting October 1, which will affect products like laptops and tablets. They want to know how much they can import and what the new manufacturing quotas will be.

In a recent meeting with the Ministry of Electronics and IT, companies like Dell, HP, Foxconn, Acer, Asus, Flex, and Dixon Technologies asked for these clarifications. An official said they will provide answers soon so that companies can plan accordingly.

The government has asked IT hardware makers to submit their manufacturing plans for products such as laptops, tablets, PCs, and servers as soon as possible.

Industry players need to understand how the new rules will work, especially regarding import quotas for additional products. They mentioned that they need two to three months to adjust their supply chains, and the new system will start during the busy festive season, so they don’t want any supply disruptions.

The government is replacing the current import system, which ends in September, with a new import authorisation mechanism. This is part of their goal to make India a global manufacturing hub. Under the new system, companies making products in India will have more flexibility with imports, while those not manufacturing locally will have limited import quotas.

Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.​​

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