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India restricts import of laptop, tablets and servers on August 3, 2023 at 6:58 am

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India restricted import of laptops, tablets, other personal computers and servers with immediate effect on Thursday, the Ministry of Commerce and Industry said in an amendment to an import policy.

“Import of laptops, tablets, all-in-one personal computers, and ultra small form factor computers and servers falling under HSN 8741 shall be ‘restricted,’” a government notification said, adding that the import will be allowed against a valid licence for restricted imports. The restriction will also not apply to passengers carrying the mentioned devices in their baggage.

The move is likely to help boost local manufacturing, but New Delhi did not elaborate its rationale.

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The revised policy.

In recent years, India has been offering incentives to encourage local manufacturing. The country has successfully attracted smartphone manufacturers and is now gaining the interest of chipmakers and semiconductor producers. The next step is to include hardware manufacturers in the country’s manufacturing network.

In May, the Indian government announced a $2 billion incentive scheme to boost local production of IT hardware in the country and promote businesses locally building devices such as laptops, PCs and servers. It was an upgrade to the previous program under which the government was willing to spend $892 million.

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Dell and HP are among the companies that already have manufacturing facilities in India. The Indian government aims to expand local production further and make the country a desirable location for Apple and its manufacturing partners to establish a global manufacturing hub.

More to follow.

​ India restricted import of laptops, tablets, other personal computers and servers with immediate effect on Thursday, the Ministry of Commerce and Industry said in an amendment to an import policy. “Import of laptops, tablets, all-in-one personal computers, and ultra small form factor computers and servers falling under HSN 8741 shall be ‘restricted,’” a government notification 

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Niremia Collective closes inaugural fund with $22.5M focused on well-being technology on February 2, 2024 at 1:59 pm

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Niremia Collective intends to provide capital and management resources to high-growth well-being startups as well as incubate new businesses.

© 2024 TechCrunch. All rights reserved. For personal use only.

​ [[{“value”:”Niremia Collective intends to provide capital and management resources to high-growth well-being startups as well as incubate new businesses.
© 2024 TechCrunch. All rights reserved. For personal use only.”}]] 

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FTC orders Blackbaud to overhaul ‘reckless’ security practices in wake of 2020 breach on February 2, 2024 at 1:20 pm

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Education tech company Blackbaud agreed to settle with the U.S. Federal Trade Commission over the company’s security practices that resulted in a 2020 data breach. The FTC alleges that Blackbaud, a U.S.-based company that provides financial and administrative software to colleges, nonprofits, healthcare organizations, and far-right organizations, had “lax” security protocols that allowed attackers to […]

© 2024 TechCrunch. All rights reserved. For personal use only.

​ [[{“value”:”Education tech company Blackbaud agreed to settle with the U.S. Federal Trade Commission over the company’s security practices that resulted in a 2020 data breach. The FTC alleges that Blackbaud, a U.S.-based company that provides financial and administrative software to colleges, nonprofits, healthcare organizations, and far-right organizations, had “lax” security protocols that allowed attackers to
© 2024 TechCrunch. All rights reserved. For personal use only.”}]] 

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Apple says it’ll show its GenAI efforts ‘later this year’ on February 2, 2024 at 12:14 pm

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Apple has tossed another crumb to investors wondering when the world will get to see some ‘Made in Cupertino’ GenAI: Expect Apple to reveal what it’s been working on in this buzzy slice of artificial intelligence “later this year”, per CEO Tim Cook. During an earnings call yesterday, Apple’s chief exec emphasized its ongoing investment […]

© 2024 TechCrunch. All rights reserved. For personal use only.

​ [[{“value”:”Apple has tossed another crumb to investors wondering when the world will get to see some ‘Made in Cupertino’ GenAI: Expect Apple to reveal what it’s been working on in this buzzy slice of artificial intelligence “later this year”, per CEO Tim Cook. During an earnings call yesterday, Apple’s chief exec emphasized its ongoing investment
© 2024 TechCrunch. All rights reserved. For personal use only.”}]] 

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