Tag: incentive

  • 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.

  • Manufacturing of semiconductors will start soon in the country, Micron is setting up a plant in Gujarat.

    In the last few years, many industries are facing difficulties due to shortage of semiconductors. Due to this, production in the automobile sector has also been affected. The central government has also announced incentives for semiconductor manufacturing in the country. American company Micron Technology may soon start manufacturing semiconductors in the country. Micron Technology is preparing to set up an advanced semiconductor assembly plant in Sanand, Gujarat. Tata Projects will construct this plant. This plant will be in 93 acres. “This is the largest project under the India Semiconductor Mission (ISM),” Tata Projects said. This plant is to be started by the end of next year. Dynamic Random Access Memory (DRAM) and Non-Volatile Flash Memory (NAND) will be tested and assembled in this plant of Micron Technology. Tata Projects said that this plant will be designed as per the LEED Gold Standards of Green Building Council. Electronics and Information Technology Minister, Ashwini Vaishnaw said that the construction of the country’s first semiconductor plant is starting in Gujarat. Recently, Prime Minister Narendra Modi had announced to provide 50 percent financial assistance from the Central Government to those setting up semiconductor manufacturing units in the country. He had said that his government has provided many facilities for the semiconductor industry. Modi said that there will be strong growth of semiconductor industry in the country. In the Semicon India conference, Modi had said that an ecosystem is being created for the semiconductor industry in the country. He had told that 300 colleges have been identified to start courses on semiconductor design. Modi had to say that behind every industrial revolution in the world were the ambitions of the people. Along with this, he had said that he believes that the reason for the fourth industrial revolution will be India’s ambitions. Reliance Industries also plans to enter semiconductor manufacturing. With this, the increasing demand for semiconductors in the country can be met. This company, which does business from energy to telecom, is in talks with foreign chipmakers for technology partnership.

  • 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.

  • Mukesh Ambani eyes semiconductor manufacturing, Reliance in talks with foreign chipmakers

    Billionaire Mukesh Ambani’s Reliance Industries plans to enter semiconductor manufacturing. With this, the increasing demand for semiconductors in the country can be met. This company involved in business ranging from energy to telecom is in talks with foreign chipmakers for technology partnership. Sources with knowledge of this said, “This is a plan and there is no time limit on it.” Sources said that Reliance has not decided whether it wants to invest in this sector or not. It is not known with which foreign companies Reliance is in talks. A request for comment sent to Reliance in this regard has not received a response. The Prime Minister’s Office and the IT Ministry also did not respond to requests for comment. Prime Minister Narendra Modi had said about two years ago that he wanted to make the country a hub of semiconductor manufacturing for the world. Recently Modi had told that an ecosystem is being prepared for the semiconductor industry in the country. Technology companies will be given 50 percent financial assistance for setting up semiconductor manufacturing units in the country. He said that India is becoming a hub for investment in the semiconductor sector. The world needs a reliable chip supply chain. There is no chip manufacturing plant in the country. However, Vedanta and Taiwan’s Foxconn have planned to set up semiconductor manufacturing plants. Sources, on the condition of anonymity, said that Reliance can get ease in its telecom and electronic devices business through semiconductor manufacturing. The company had postponed the launch of low-cost smartphones about two years ago due to chip shortage. The demand for semiconductors is also increasing in the country and abroad. The central government estimates that the country’s chip market will grow to about $ 80 billion by 2028. This market is currently worth around $23 billion. Arun Mampazhy, a former executive of US chipmaker GlobalFoundries, says that Reliance, with a market capitalization of about $ 200 billion, is among the companies best placed to enter the semiconductor industry in the country.