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The Director General of Foreign Trade (DGFT) put the import of IT hardware, including laptops, PCs and servers, under the restricted category last month, calling for a licence. The notification, passed on August 3, was amended a day later, deferring implementation to November 1, giving the industry three months to recalibrate. The order, however, has led to fears of supply disruptions and price increases once the restrictions kick in.

IT Hardware: August imports exceeded 1.2 million units, up from 800,000 in July, due to increasing orders from enterprise customers as well as original equipment makers (OEMs) that want to ensure adequate stocks during the festive season and for corporate requirements, an expert said. An industry grouping pegged the import spike at 20-30%.

India Business News: Apple's approach to manufacturing differs from the conventional setup, as it collaborates with global electronic contract manufacturers rather than es

The revised production-linked incentive (PLI) scheme for IT hardware has received a positive response from 38 companies, including global giants HP, Dell, Lenovo, and Foxconn, as well as local manufacturer Dixon Technologies. These companies have proposed investments of over ₹4,000 crore to produce goods worth ₹3.35 lakh crore over the next six years.

“Applicants will be shortlisted as per scheme guidelines within the approved outlay of Rs. 17000 crore,” a government official said Thursday, marking the final tally after the window for fresh applications for the scheme closed Wednesday midnight.