India authorises Apple, Dell, Lenovo and others to import laptops, tablets -sources
investing.comBy Shivangi Acharya
NEW DELHI (Reuters) — Apple (NASDAQ:AAPL), Dell (NYSE:DELL), HP (NYSE:HPQ), Samsung (KS:005930) and Lenovo are among 110 firms authorised by India to import laptops, tablets and personal computers under a new system aimed at monitoring shipments, two government sources said.
Acer, Xiaomi (OTC:XIACF), IBM (NYSE:IBM) and ASUS have also been issued import authorisations, the two sources said, under India's new «import management system» effective from Wednesday.
India announced the new system for laptops, tablets and personal computers last month after it rolled back an earlier plan to impose a licensing regime, following criticism from the industry and Washington.
Companies must register the quantity and value of imports on a portal, with an authorisation valid until September 2024.
India's federal trade ministry did not immediately respond to a request for comment. The sources declined to be named as details of the authorisations have not yet been made public.
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