New Delhi: The government on Thursday imposed limitations on the import of laptops, tablets, personal computers (PCs) and more electronic items, with immediate effect.
The Directorate General of Foreign Trade (DGFT) in August 3 notification said that the import restrictions of these items will come into effect immediately, though there would be some exemptions.
Those importing such electronic items can avail exemptions but it would be applicable, for not more than 20 items per consignment which mean that you can’t import more than 20 electronic goods in one order. This has reportedly been done to dissuade dependence on imports and promote local manufacturing of devices.
The DGFT is an arm of the Union Commerce & Industry Ministry, dealing with export & imports laws in the country.
As per notification, one would require a valid license for importing the electronic goods, in restricted category.
“Their import would be allowed against a valid licence for restricted imports,” the notice said.
The move, expected to get backlash from the international community for ‘insulating domestic markets’ from competition, will curb huge influx of Chinese electronic goods in Indian markets and will in turn give a chance to domestic producers to ‘fill the gap’.
In case of import of repaired goods abroad however, the policy would not apply as no licence is required for repair & return of the product.
Will it give impetus to Make In India?
As the government has set out its priorities to model India as a major manufacturing hub in electronics & semi-conductors, this move will further give strong impetus to the drive.
The Make in India campaign may see a big boost, as restrictions would be an opportunity for the indigenous industry to replace foreign made products. Moreover, the Production Linked Incentive (PLI) scheme that covers IT hardware sector would give the adequate support & means to help this sector emerge as a ‘backbone for the economy’.
