Apple, Dell Get A Breather As India Said To Mull Softer Stand On Tech Imports For Now
Portfolio Pulse from Arpit Nayak
The Indian government is considering a new registration regime for imported IT hardware, which could benefit multinational tech companies including Apple Inc., Samsung Electronics Co., Ltd., HP Inc., Dell Technologies Inc., Lenovo Group Limited, ASUSTeK Computer Inc., and Acer Inc. For the fiscal year ending in March 2024, the government plans to only monitor the origin and cost of these devices. Additional regulations and quotas may be introduced next year.
September 12, 2023 | 10:22 am
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POSITIVE IMPACT
Apple Inc. could benefit from the new registration regime for imported IT hardware being considered by the Indian government.
The new registration regime could potentially reduce regulatory hurdles and costs for Apple, which could positively impact its operations and profitability in India.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Dell Technologies Inc. could benefit from the new registration regime for imported IT hardware being considered by the Indian government.
The new registration regime could potentially reduce regulatory hurdles and costs for Dell, which could positively impact its operations and profitability in India.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
HP Inc. could benefit from the new registration regime for imported IT hardware being considered by the Indian government.
The new registration regime could potentially reduce regulatory hurdles and costs for HP, which could positively impact its operations and profitability in India.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Lenovo Group Limited could benefit from the new registration regime for imported IT hardware being considered by the Indian government.
The new registration regime could potentially reduce regulatory hurdles and costs for Lenovo, which could positively impact its operations and profitability in India.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80