Tag: IT parts

NEW DELHI: Eyeing a massive surge in local sourcing of components for laptops and servers at around $20 billion over the next four years against the $1 billion procurement now, the government is set to "severely restrict" imports of parts worth billions of dollars from China for IT hardware as part of 'trusted sources' norms, sources have said. As the Rs 17,000 crore production-linked incentive (PLI) scheme for IT hardware comes into play, along with an 'import management system' (kickstarts from November 1), the government wants a stronger...