• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Apple, Samsung Could Be Hit By Indian Laptop And PC Import Restrictions

SW by SW
August 7, 2023
in Uncategorised
Share on FacebookShare on Twitter

India’s information technology minister, Rajeev Chandrasekhar, recently announced import restrictions on personal computers and tablets in an effort to reduce dependence on imports and boost domestic manufacturing of these products. The move could potentially impact hardware sales for global giants like Apple and Samsung in one of the world’s largest consumer electronics markets.

Laptops and tablets are among the electronics that will now require a license for import into India, as per a government notice published on Thursday. Chandrasekhar highlighted that India is one of the world’s fastest-growing markets for digital products and emphasized the government’s aim to ensure the use of “trusted” hardware and systems.

In response to the new regulations, companies such as Apple and Samsung, as well as HP, may need to obtain licenses to import laptops and tablets into India. However, none of these companies have officially responded to the restrictions at the time of reporting. Bloomberg had earlier reported that these companies were among those freezing imports of restricted products to India.

The Indian government is keen on positioning the country as a high-tech manufacturing hub, attracting global technology firms with incentives. Already, Apple has shifted some manufacturing of its latest iPhones to India, and Foxconn, the main assembler of Apple’s iPhones, recently announced a $600 million investment in India for phone manufacturing and a semiconductor equipment facility.

While the move is part of India’s efforts to promote domestic manufacturing, it could lead to short-term price increases and supply crunches for certain products, especially with the Diwali festive season approaching in early November. Analysts predict that the festive season, accounting for one-fifth of annual sales for these products, could be affected by the new import restrictions. Local assembly and obtaining licenses for these brands may take time, potentially leading to disruptions in offers and discounts during the festive season due to possible demand and supply mismatches.

Related Posts:

  • 1669722054-Untitleddesign3
    India To Undertake The First Pilot For Retail…
  • India’s Apex Bank Lifts Ban On Mastercard
  • iPhone Maker, Foxconn, To Invest $600m Into Phone…
  • Cybersecurity and data privacy protection concept, lock, binary digits background
    App Store and Play Store Remove Several VPN Apps in India
  • Apple_iPhone_14_Pro_iPhone_14_Pro_Max_hero_220907
    India To Be The Primary Source of US iPhones From 2026
  • tata factory fire
    Sources Suggest Apple May Return to China After The…
  • iphone-16-finish-select-202409-6-1inch_GEO_EMEA_FMT_WHH
    Apple is Offering $100 Million to lift Indonesia's…
  • a3e788c5d9b387116064b2f2f951a808_L
    Inflation, Russia-Ukraine War Forces A Cut In Phone…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

SW

SW

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • OpenAI to Buy Jony Ive’s Hardware Startup in Silicon Valley Shakeup May 21, 2025
    • 5yrs After Its Last Appearance, Fortnite is Back in The US App Store May 21, 2025
    • Nigeria-Meta Standoff Threatens Small Business Operations May 21, 2025
    • Galileo Wants “Payment Switch” to Strengthen Bill Pay May 21, 2025
    • MTN Nigeria Sues Banks for ₦6B in SleekChip Technologies Debt Case May 21, 2025
    • Nigeria to Release First AI Guidelines Within Weeks, Says Alake May 20, 2025

    Browse Archives

    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy

    Recent News

    OpenAI to Buy Jony Ive’s Hardware Startup in Silicon Valley Shakeup

    OpenAI to Buy Jony Ive’s Hardware Startup in Silicon Valley Shakeup

    May 21, 2025
    5yrs After Its Last Appearance, Fortnite is Back in The US App Store

    5yrs After Its Last Appearance, Fortnite is Back in The US App Store

    May 21, 2025
    Nigeria-Meta Standoff Threatens Small Business Operations

    Nigeria-Meta Standoff Threatens Small Business Operations

    May 21, 2025
    Galileo Wants “Payment Switch” to Strengthen Bill Pay

    Galileo Wants “Payment Switch” to Strengthen Bill Pay

    May 21, 2025
    MTN Declares Core Infrastructure Secure After Cyberattack

    MTN Nigeria Sues Banks for ₦6B in SleekChip Technologies Debt Case

    May 21, 2025
    Nigeria to Release First AI Guidelines Within Weeks, Says Alake

    Nigeria to Release First AI Guidelines Within Weeks, Says Alake

    May 20, 2025
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok