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.
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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.