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Thursday, October 19, 2023

Laptop makers need to fulfil promises of domestic manufacturing

Laptop makers in India will need to provide regular updates on their manufacturing plans to the government or risk facing cuts in import quotas. The government has rolled out an 'import management system' with a focus on localisation or sourcing from trusted locations. The government wants companies to start manufacturing in India or procure from regions other than China. Currently, over 80% of laptops are sourced from China, causing unease within the government.

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

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