India to delay import licensing of laptops after US, industry push back, sources say

News Snapshot:

People sit and work on their laptops at Deloitte's office in Gurugram, India, June 13, 2023. REUTERS/Anushree Fadnavis/File Photo Acquire Licensing Rights NEW DELHI, Sept 23 (Reuters) - India will defer an import licence requirement for laptops and tablets, two government officials said, a policy U-turn after industry and the U.S. government complained about the move, which could hit Apple (AAPL.O), Samsung (005930.KS) and others. The plan will be delayed by a year, after which the government will consider whether to implement a licensing regime or not, one of the officials told Reuters, requesting anonymity. The licensing regime, announced abruptly...