India has revised its unexpected decision to restrict PC and tablet imports without a license, now offering companies a three-month window to obtain the necessary documents. The licensing mandate is set to take effect from November 1, reports Bloomberg. This move comes after large PC makers halted imports due to the surprising directive.
The Directorate General of Foreign Trade (DGFT) clarified late last week that companies could continue their electronic imports, including laptops and tablets, without a license until October 31. To facilitate this transition, the government is streamlining the licensing application process, with the possibility of approvals within just a day. This move is not just about regulation but is part of a broader initiative to boost local manufacturing and position India as a global tech manufacturing hub.
