India receives 3-month reprieve on laptop import restrictions effective November 1.
A day after the Indian government imposed immediate import restrictions on vendors of laptops and other products, it reversed its decision and decided to implement the 11-day restrictions after a transitional period of about three months.
Local media, including The Times of India, reported that the Indian government made the decision on April 4 following concerns that immediate import restrictions could lead to a shortage in the market, pushing up prices of such products.
In its notice, the Indian government explained that imports that are currently in the process can be brought in without government clearance until October 31, while government clearance will be required for import approval from November 1.
Earlier, on October 3, the Indian government imposed immediate restrictions on the import of products from companies selling laptops, tablets, personal computers, etc. in India.
The move made it mandatory for any company or entity that wants to bring laptops and more into India to sell them to obtain a government license.
Samsung, Apple, Lenovo, Hewlett-Packard, 카지노사이트킴 and others import products to sell in India, many of which are manufactured or assembled in China.
Therefore, some analysts believe that the import restrictions are aimed at moving some of these manufacturing facilities to India.