Shulou(Shulou.com)11/24 Report--

CTOnews.com August 31 news, Indian authorities in early August implementation of notebook, tablet import licensing measures, and then due to multi-party pressure postponed to November 1. Indian authorities say the move is to stimulate the localization of production, and the latest news is that 32 companies have agreed to join the program.

Indian Information Technology Minister Ashwini Vaishnaw revealed in an interview that many companies, including HPE, Dell, Asustek, Acer and Lenovo, have begun to promote the localization of production, according to Reuters.

Vaishnaw said the program could attract up to $294 million in additional investment and create 75000 direct manufacturing jobs. He speculates that within six years of the implementation of the plan, the total sales of local enterprises will reach 40.5 billion US dollars (currently about 295.245 billion yuan).

The Indian authorities are also prepared to allocate $2.1 billion (CTOnews.com Note: currently about 15.309 billion yuan) to subsidize the localization of laptops, tablets and server equipment, and companies that produce needed products in India can get up to 5 per cent of the cost of each device.

The Indian authorities plan to select subsidy companies in the coming year, which may be allocated dynamically according to the size of the company. So far, Apple has not submitted an application.

Related readings:

"in order to promote local manufacturing, India implements licensing requirements for imported notebooks, tablets, etc."

"postponed to take effect on November 1, and India suspends import licensing measures such as notebooks and tablets."

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