Bid to curb laptop imports: IT ministry meets top tech hardware companies

News Snapshot:

DAYS AFTER the Centre’s flip-flop on the import of laptops, personal computers, tablets and other devices, IT Ministry officials met representatives of top electronics hardware firms on Tuesday in a bid to allay concerns about India’s trade policy stance and make a pitch for domestic manufacturing. On August 3, the Directorate General of Foreign Trade (DGFT) issued a notification stating that companies must obtain a licence before importing laptops and other devices – to be implemented with immediate effect. Following the adverse impact, it issued another notification a day later which gave the industry a three-month reprieve. So, import of...