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PLI Scheme: Global hardware firms intensify talks with local cos on PLI, ET Telecom

In a move that could push the PLI scheme which is expected to incentivise local manufacturing, the government in August imposed restrictions on import of IT hardware from November, with companies requiring a licence to import products from abroad. However, the government has now learnt to have called off plans to impose a licensing regime, and instead will look to regulate inbound shipments through an import management system.

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