Tag: import

  • Discount up to Rs 5.25 lakh on Harley Davidson motorcycles in India

    Harley-Davidson, popular for powerful motorcycles, has offered discounts of up to Rs 5.25 lakh on select motorcycles in India. This discount will be available on the company’s Pan America 1250 Special, Sportster S and Nightster bikes. There is a discount of Rs 3.25 lakh on Pan America 1250 motorcycle. Its price will reduce to Rs 21.24 lakh (ex-showroom). Its actual price is Rs 24.49 lakh. This motorcycle has a 1,252 cc twin-cylinder, liquid cooled engine. It produces 150.9 bhp at 8,750 rpm and peak torque of 128 Nm at 6,750 rpm. It has a six speed gearbox. A discount of Rs 3.25 lakh is also being given on Harley Davidson’s Sportster S. Its price will reduce from Rs 18.79 lakh to Rs 15.54 lakh. It has the same engine as Pan America 1250. It generates 121 bhp and peak torque of 125 Nm. The maximum discount of Rs 5.25 lakh is being given on Harley Davidson’s Nightster motorcycle. Its price will reduce to Rs 12.24 lakh. Its actual price is Rs 17.63 lakh. It has a 975 cc twin-cylinder engine. It produces 89 bhp and 95 Nm torque with six-speed gearbox. This discount is on motorcycles imported by the company. Recently, Harley Davidson, in collaboration with Hero MotoCorp, one of the big two-wheeler companies, launched the low-priced Harley X440 motorcycle. Hero MotoCorp has started deliveries of Harley-Davidson X440 to customers. 1,000 units of this motorcycle have been sold at 100 dealerships of the company. It is being manufactured at Hero MotoCorp’s factory in Neemrana, Rajasthan. The company has also started new booking for this. The X440 is being sold in three variants – Denim, Vivid and S. Their prices range between Rs 2,39,500 to Rs 2,79,500 (ex-showroom). This is the most affordable motorcycle of Harley Davidson. More than 25,000 bookings have been received for this. To meet its increasing demand, Hero MotoCorp will increase its manufacturing. The company’s Chief Executive Officer, Niranjan Gupta had said, “Our effort will be to complete all the deliveries in the next few months. For this, the capacity of the supply chain is being increased.”

  • There will be no need of licensing for import of computers and laptops in India

    Licensing will not be implemented for import of computers and laptops in the country. However, shipments of these devices will be monitored. Earlier in August, the central government had announced the implementation of the license requirement for import of certain products including computers, laptops and tablets from November 1. Commerce Secretary Sunil Barthwal told reporters, “We believe that there are no such restrictions on laptops. We are only saying that the import of laptops should be monitored. We are only monitoring. There are no such restrictions. Are not.” In this regard, the Director General of Foreign Trade (DGFT) has said that there will be an import management system for this. It will be implemented from November 1. The regulation of IT hardware industry is with MeitY. DGFT notifies decisions related to import or export of any product. However, the IT hardware industry has expressed apprehensions regarding this. An industry source said, “It will be like an import management system in which an authorization will be issued to people. It is a type of licensing.” In this, companies will have to request for a specific number of imports and they will get authorization for import. Samsung, one of the big consumer electronics companies, has prepared to increase manufacturing in the country. The company’s smartphones are already being produced in the country. Samsung also plans to manufacture laptops at its factory in Greater Noida, Uttar Pradesh. This will give a boost to the Make in India scheme of the Central Government. Under this scheme, incentives are given for electronics manufacturing. Samsung has prepared to set up a new laptop manufacturing unit in the factory that produces smartphones. This unit will have the capacity to manufacture 60,000-70,000 laptops annually. The government had announced a $2 billion manufacturing incentive scheme with an aim to attract large investments in IT hardware manufacturing. The government aims to increase the annual production of electronics to $300 billion by 2026. Big companies selling laptops in the country include Apple, Dell, Lenovo and HP, Acer, Samsung and LG. A large number of laptops are imported from countries like China.

  • There will be no need of licensing for import of computers and laptops in India

    Licensing will not be implemented for import of computers and laptops in the country. However, shipments of these devices will be monitored. Earlier in August, the central government had announced the implementation of the license requirement for import of certain products including computers, laptops and tablets from November 1. Commerce Secretary Sunil Barthwal told reporters, “We believe that there are no such restrictions on laptops. We are only saying that the import of laptops should be monitored. We are only monitoring. There are no such restrictions. Are not.” In this regard, the Director General of Foreign Trade (DGFT) has said that there will be an import management system for this. It will be implemented from November 1. The regulation of IT hardware industry is with MeitY. DGFT notifies decisions related to import or export of any product. However, the IT hardware industry has expressed apprehensions regarding this. An industry source said, “It will be like an import management system in which an authorization will be issued to people. It is a type of licensing.” In this, companies will have to request for a specific number of imports and they will get authorization for import. Samsung, one of the big consumer electronics companies, has prepared to increase manufacturing in the country. The company’s smartphones are already being produced in the country. Samsung also plans to manufacture laptops at its factory in Greater Noida, Uttar Pradesh. This will give a boost to the Make in India scheme of the Central Government. Under this scheme, incentives are given for electronics manufacturing. Samsung has prepared to set up a new laptop manufacturing unit in the factory that produces smartphones. This unit will have the capacity to manufacture 60,000-70,000 laptops annually. The government had announced a $2 billion manufacturing incentive scheme with an aim to attract large investments in IT hardware manufacturing. The government aims to increase the annual production of electronics to $300 billion by 2026. Big companies selling laptops in the country include Apple, Dell, Lenovo and HP, Acer, Samsung and LG. A large number of laptops are imported from countries like China.

  • HP partners with Google to manufacture Chromebook laptops in India

    HP, which makes devices like personal computers and laptops, has partnered with technology company Google to manufacture Chromebook laptops in India. Chromebooks will be manufactured at HP’s factory near Chennai in Tamil Nadu. The company has been manufacturing desktops and laptops in this factory for almost three years. American devices maker Apple and South Korea’s Samsung are also increasing manufacturing in the country. ‘Make in India’ is being promoted by the central government. Because of this, many global technology companies are setting up their units in the country or are exploring the possibility of partnership with Indian companies. HP’s senior director (personal systems) in the country, Vickram Bedi, said, “Manufacturing Chromebooks in the country will provide affordable PCs to students. We will continue to support the government’s efforts related to Make in India.” Google’s Head of Education (South Asia), Bani Dhawan, said, “Manufacturing Chromebooks with HP is an important turning point in our efforts to drive a major digital transformation of education in the country.” Samsung has also made preparations to increase manufacturing in India. The company’s smartphones are already being produced in the country. Samsung can also make laptops in its factory in Greater Noida, Uttar Pradesh from next month. This will give a boost to the Make in India scheme of the Central Government. Under this scheme, incentives are given for electronics manufacturing. According to a media report, Samsung has prepared to set up a new laptop manufacturing unit in the Greater Noida factory that produces smartphones. This unit will have the capacity to manufacture 60,000-70,000 laptops annually. This unit will be started next month. Last month, the government had imposed licensing conditions for import of personal computers, laptops and tablets. Its objective is to increase manufacturing in the country. Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar had said that the new rule will ensure the use of reliable systems and products in the country. American iPhone maker Apple, which has a major share in the premium smartphone market, has prepared to increase manufacturing in India.

  • Samsung’s preparation to make laptops in India, impact of central government’s import restrictions

    South Korean consumer electronics company Samsung has prepared to increase manufacturing in India. The company’s smartphones are already being produced in the country. Samsung can also make laptops in its factory in Greater Noida, Uttar Pradesh from next month. This will give a boost to the Make in India scheme of the Central Government. Under this scheme, incentives are given for electronics manufacturing. According to a media report, Samsung has prepared to set up a new laptop manufacturing unit in the Greater Noida factory that produces smartphones. This unit will have the capacity to manufacture 60,000-70,000 laptops annually. In this report, quoting a source, it has been said that this unit will be started next month. Last month, the government had imposed licensing conditions for import of personal computers, laptops and tablets. Its objective is to increase manufacturing in the country. Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar had said that the new rule will ensure that reliable systems and products are used in the country. A few months ago, the government had approved the Production-Linked Incentive (PLI) Scheme 2.0 with an incentive of Rs 17,000 crore to promote manufacturing of IT hardware like laptops and tablets in the country. It is expected to produce products like personal computers, servers, laptops and tablets worth about Rs 3.35 crore in six years. American iPhone maker Apple, which has a major share in the premium smartphone market, has planned to increase manufacturing in India. The company has prepared to shift a large part of its manufacturing in China to India. Recently Apple also opened two retail stores in India. These stores are getting good response. A large number of Apple’s suppliers are in China and the company is planning to reduce its dependence on China. Apple started manufacturing of iPhones in the country in 2017. The company’s iPhone 15 series smartphones, launched earlier this month, are also being produced in the country.

  • Laptops and PCs will not come to India from abroad, government is trying to increase local manufacturing.

    The import of laptops, personal computers, and tablets has been banned in the country. The central government has taken this decision to increase local manufacturing. This can have a big impact on the import of laptops and personal computers from China. The import of electronics in the country during April to June was approximately $19.7 billion. This included laptops, personal computers and tablets. In this regard, it has been said in the notice issued by the government on Thursday, “Import will be allowed on valid license for limited import.” The share of electronics in the country’s total merchandise imports is 7 to 10 percent. Ali Akhtar Jafri, former director general of MAIT, an organization associated with the electronics industry, said, “The objective of this decision is to increase manufacturing in the country.” Through production-linked incentives, the government is trying to increase local manufacturing in more than two dozen sectors including electronics. The government has extended the deadline to apply for a $2 billion manufacturing incentive scheme to attract large investments in IT hardware manufacturing, including laptops, personal computers, tablets and servers. This scheme is important to make the country a major force in the global electronics supply chain. The government aims to increase the annual production of electronics to $300 billion by 2026. Big companies selling laptops in the country include Apple, Dell, Lenovo and HP, Acer, Samsung and LG. A large number of laptops are imported from countries like China. Madhavi Arora, economist at Emkay Global, said the decision appears to be aimed at curbing large-scale imports of certain goods. The share of laptops, personal computers and tablets in the country’s total imports is about 1.5 percent. About half of these are purchased from China. The government had earlier increased tariffs on products like mobile phones to promote local manufacturing. Global PC shipments declined nearly 30 percent in the first quarter. There was a strong increase in demand for companies like HP, Lenovo and Dell during Corona. The main reason for this was the increase in sales of laptops and other electronic devices due to the staff of many companies working from home. Sales of devices like laptops have declined due to most companies calling workers back to office.

  • Apple, Samsung and HP stopped import of laptops in India, government has imposed ban

    Apple, Samsung and HP, among the big companies manufacturing devices, have stopped the import of laptops and tablets in India. The central government had on Thursday banned the import of these devices without a license. Its objective is to increase local manufacturing of electronics. However, this decision of the government has dealt a big blow to companies manufacturing personal computers, laptops and tablets. Most of these companies import these devices for sale in the country. In the Bloomberg report, quoting sources having knowledge of this matter, it has been said that these companies are in talks with the government to soon get a license to import these devices. For them the festival season is very important in terms of sales. Queries sent to Apple, Samsung and HP in this regard did not receive any response. This may increase problems for companies like Apple and Samsung. These companies are already struggling with excess inventory in the international market and slowing growth. This decision can have a big impact on the import of laptops and personal computers from China. The import of electronics in the country during April to June was approximately $19.7 billion. This included laptops, personal computers and tablets. In this regard, it was stated in the notice issued by the government, “Import will be allowed on valid license for limited import.” The share of electronics in the country’s total merchandise imports is 7 to 10 percent. Ali Akhtar Jafri, former director general of MAIT, an organization associated with the electronics industry, says, “The purpose of this decision is to increase manufacturing in the country.” Through production-linked incentives, the government is trying to increase local manufacturing in more than two dozen sectors including electronics. With an aim to attract large investments in IT hardware manufacturing, the government has extended the deadline to apply for the $2 billion Manufacturing Incentive Scheme. This scheme is important to make the country a major force in the global electronics supply chain. The government aims to increase the annual production of electronics to $300 billion by 2026. Big companies selling laptops in the country include Apple, Dell, Lenovo and HP, Acer, Samsung and LG. A large number of laptops are imported from countries like China.

  • Government will not impose additional tax of 10 percent on diesel cars

    The central government is not considering the proposal to impose additional Goods and Services Tax (GST) of 10 percent on diesel cars. Road Transport and Highways Minister Nitin Gadkari has given this information. A large number of diesel-powered vehicles are used in the country. However, a news agency report on Tuesday quoted Gadkari as saying that a proposal to impose additional 10 percent GST on diesel vehicles will be given to the Finance Minister. After this, Gadkari gave a clarification on X (earlier Twitter) saying that the government is not considering any such proposal. According to this report, the proposal to impose additional tax on diesel vehicles will be given to the Finance Minister by Gadkari. Its objective was to stop automobile companies from manufacturing and selling diesel engine vehicles. Gadkari had said that if the automobile industry does not stop making diesel cars, the government will increase the tax so much that it will become difficult to sell diesel vehicles. Gadkari has said in clarification regarding this that the government is not considering any such proposal. He said, “There is an immediate need to clarify media reports regarding additional 10 percent GST on the sale of diesel vehicles. It is important to clarify that the government is not considering any such proposal. Our carbon net by 2070 “With the commitment to achieve zero and reduce air pollution caused by harmful fuels like diesel, it is necessary to use environment friendly alternative fuels. These fuels should be import substitutes, low cost, indigenous and pollution free.” In the report regarding imposition of additional tax on diesel vehicles, Gadkari was quoted as saying that diesel is a harmful fuel and the country imports it in large quantities. The automobile industry should reduce its production of diesel engines. If this does not happen then the government will be forced to increase the tax on diesel vehicles. Gadkari had recently launched a car that runs completely on ethanol. In many other countries too, emphasis is being laid on vehicles running on alternative fuels.