The industry has warned of limited supplies of key components, stressing that phone factories will have to suspend production in the next couple of days if they are not cleared.
Keeping pace with efforts to facilitate electronics manufacturing procedures, the Directorate-General for Foreign Trade (DGFT) immediately revised the import status of certain components, including flat panel displays and camera modules, to “Free” from “Limited”.
The move is expected to bring relief to smartphone makers who feared large-scale disruptions in local production.
This comes after a meeting between the Ministries of IT, Finance and Trade and Industry. The industry has warned of limited supplies of key components such as flat panel displays and camera modules for smartphones, which have been detained at customs since Feb. 9, stressing that phone factories will have to suspend production for the next few days if not cleared.
“… The Directorate-General for Foreign Trade after a meeting between the Ministry of Electronics and IT, the Ministry of Finance and the Ministry of Trade and Industry agreed to lift restrictions on displays and camera modules introduced through the DGFT notice of 9 February 2022,” the Indian release said. Cellular and Electronics Association (ICEA).
“We continue to believe that such ease of doing business, based on industry consultation, will help India realize its goal of becoming a global hub for electronics manufacturing and exports,” said Pankaj Mohindro, Chairman of ICEA.
Mobile phone companies have stated that flat panel display modules are needed for mobile phones, TVs, laptops and tablets and all-in-one PCs (touch and non-touch) and have not been manufactured in India. Therefore, these product segments are completely dependent on imports.
DGFT is reviewing restrictions on the import of components for TVs and smartphones
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