India no planning to curb laptop imports immediately, IT secretary says
laptop imports in the New Year, as it expects local production to grow steadily and replicate the success achieved in the smartphone sector, according to IT and electronics secretary S Krishnan. The government expects companies like HP and Dell to significantly increase local output starting in the next fiscal year, mirroring the success seen with smartphone production.
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Krishnan told the Times of India, “At no stage was it the intention of govt to disrupt import of any of these electronics. Let’s be clear. We don’t want to disrupt. We just want to convince people that while the availability is ensured, at the same time we bring in more of the actual production within the country.” He indicated that any import reductions would be gradual.
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The government is also developing a new financial incentive plan to attract semiconductor manufacturers. This follows the full utilization of the previous $10 billion package. Krishnan acknowledged that India’s previous incentive was smaller than those offered by other countries but emphasized the difference in approach.
“They are countries where the semiconductor industry already has a base. Our case is about setting up (operations). So, I think we need to have a simple, easy to administer, clean mechanisms which they can take up and
