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IT import curbs: Licence Raj or make in India?
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₹17,000 crore for setting up units to make laptops, tablets and other IT hardware. Some say the move to licence imports is an attempt to get more companies to sign up for the revised PLI scheme which is open till the month-end.
The government denies it, claiming it has already received 44 PLI applications. The notification on Thursday created chaos with customs officials starting to hold up imports.
This forced players HP, Apple, Dell, etc. to stop shipments.
Things eased when the Centre clarified the rule would come to effect only from 1 November. Experts say computers will become costly if the licensing process is cumbersome and will impact supply.
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