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Friday, September 22, 2023

Govt eyes $20billion local sourcing for IT parts

The Indian government plans to restrict imports of IT hardware components worth billions of dollars from China in an effort to boost local sourcing. With the implementation of a production-linked incentive scheme for IT hardware and an import management system, the government aims to create a stronger manufacturing ecosystem for devices and servers in India.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mW6p1Py

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