These concerns were flagged in the meeting of the WTO Committee on Market Access. It was chaired by Renata Crisaldo of Paraguay on October 16 in Geneva.
The Indian IT hardware industry wants the government to provide clarity on operational details for import licenses so they are able to make contingency plans, senior executives have said. The current lack of clarity includes details around quota, validity of licence, whether there is demand for single or multiple licences for different ports, and whether exports and goods from special economic zones are exempt from needing the licence.
Import Licensing: The industry has welcomed the decision to defer the deadline to November 1 to implement the restrictions on imports of laptops, tablets, all-in-one-personal computers, ultra-small factor computers and servers. But it wants urgent clarity on the operational modalities at the earliest to be able to transition to the new regime.
manufacturing components and components that were going to the electric makers were being submitted. remember, these proposals will go through a review process by the government and only then most of it will come up stream, mostly by 2024 2025, but a lot of experts have stated that providing financial assistance will be just one aspect of lowering investors and manufacturers to come and set “p manufacturers to come and set up shop in india, the other bids will be to make it easier to do business in india and also to maybe relocate some of the investment curbs from china that india had placed. remember the it hardware industry in india found it difficult to go ahead with the scheme, because ahead with the scheme, because a large part of the components are sourced globally from china and there is a curb on chinese investment in that sector in india. so some of these will have to be re look that the manufacturing to move their