Govt assuages industry concerns on laptop import curbs in high-level meeting
₹17,000 crore PLI scheme for IT hardware to attract laptops, tablets, and other hardware makers to India after its first version with a lower allocation failed to take off. India imports about $8 billion worth of laptops and tablets every year.
Mint also reported that 44 companies had already registered for the IT hardware PLI 2.0, and two companies, including HP, had already applied. The deadline for the scheme has also been extended till the month’s end.
Government officials had said that companies would be given time to apply for licenses and that two companies had already applied on the portal introduced by the Director General of Foreign Trade. They added that the government would help in facilitating the clearance of goods in transit and those that may be stuck at ports.
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