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Hyderabad Stocks:India's new plan is exposed!Starting from next year, all computers are prohibited from importing: promoting enterprises to invest in their own country

Admin88 2024-10-25 56 0

India's new plan is exposed!Starting from next year, all computers are prohibited from importing: promoting enterprises to invest in their own country

Express Technology on October 18. According to media reports, the Indian government plans to restrict the import of laptops, tablets, and personal computers from January next year to promote the increase in local manufacturing shares in India, including Apple.

Last year, the Indian government launched a similar restriction plan, but the plan was eventually withdrawn due to the opposition's opposition and the pressure of lobbying in the United States.Hyderabad Stocks

At present, two -thirds of the market demand in India is met by imports, and a considerable part of them comes from India. The current scale of the IT hardware market in India is about $ 20 billion, but the local output is only $ 5 billion.

The Department of Electronics and Information Technology of India is formulating a new import authorization system to require enterprises to obtain import licenses in advance, which may benefit Foxconn and other foundries. At present, Foxconn has signed foundry agreements with HP and other companies.And computer and other products.

In addition, the Indian government is considering formulating the minimum quality standards for computer to eliminate low -cost and low -quality equipment, but this policy change will be adjusted based on India's domestic production capacity.Jaipur Wealth Management

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