India Business News: After laptops, PCs and tablets were put on the 'restricted list' necessitating licensing or approval for imports, the government on Thursday unveiled
After laptops, PCs and tablets were put on the restricted list necessitating licensing or approval for imports, the government on Thursday unveiled a new regime to permit shipments of these items in a "matter of minutes" through an online mechanism, as it sought to push global giants to manufacture in India. Though there is no move to restrict imports from any country, the decision is expected to impact Chinese imports the most as nearly 60% of the products come from the neighbouring country.
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The ongoing Israel-Hamas conflict is not expected to have a significant impact on global supplies, according to the commerce ministry. However, concerns remain about potential escalation and its effect on the gems and jewellery trade between India and Israel, which totaled $2.04 billion in 2022-23.
The ongoing Israel-Hamas conflict is not expected to have a significant impact on global supplies, according to the commerce ministry. However, concerns remain about potential escalation and its effect on the gems and jewellery trade between India and Israel, which totaled $2.04 billion in 2022-23.