Import restrictions on displays and camera modules for TVs and smartphones reversed - Times of India

Import restrictions on displays and camera modules for TVs and smartphones reversed – Times of India

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NEW DELHI: In a big relief to the manufacturers of mobile phones and televisions, the government has reversed a decision to bring the import of displays and camera modules under a licensing regime against free imports.
The decision follows a meeting between the IT, finance and commerce & industry ministries which looked into the demands of the industry that supplies and production would be disrupted because of the decision that brought the products under the “restricted” category regime against the “free” import category as part of changes to the Directorate General of Foreign Trade (DGFT) rules.
The industry, represented by the India Cellular & Electronics Association (ICEA), had raised concerns against the measure, and said that it would come in the way of the Make in India programme and be a deterrent to the plans of building a strong electronics ecosystem within the country.
“We continue to believe that such Ease of Doing Business actions, based on consultations with the industry, will help India realize its target of becoming a global hub of electronics manufacturing and exports,” Pankaj Mohindroo, chairman of ICEA, said.
Sunil Vachani, chairman of contract manufacturer Dixon Technologies, said that the pandemic and global issues with China are already disrupting supplies, and the measure – if not reversed — would have further complicated production schedules. “The reversal has helped save the industry from further disruptions.”
A Gururaj, MD of Optiemus Electronics, also appreciated the quick solution, and said it saves companies from production delays and parts shortages.



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