Weekly News Updates-January 10 -January 16

Decision on import management system for IT hardware products post-Sep; Rupee has surpassed Asian currencies; Gujarat has set a 2030 deadline for producing 3 MMPTA; Tax clouds for emerging manufacturers; DoT issues extensive regulations; New BIS norms speed up compliance procedure for IT hardware and electronics companies

Decision on import management system for IT hardware products post-Sep after evaluating data

According to reports, the government will assess the import data and make a decision on the current import management system for specific IT hardware goods, like laptops and tablets, after September.

India implemented an import management system in October of last year, requiring importers of these products to obtain government authorization.

The system’s goal is to monitor computer, tablet, and laptop shipments into the country without affecting market supply or imposing excessive licensing requirements. Importers may apply for multiple authorizations, and if granted, they will remain in effect until September 30, 2024.


小編點評:這是我們追蹤IT產品進口許可的相關報導。印度政府計劃根據去年十月實施的進口管理系統對特定IT硬體產品(如筆記型電腦和平板電腦)的進口進行審查和決策,該系統要求進口商獲得政府授權。 進口商可以申請多個授權,有效期至2024930日。決策過程將根據進口數據的評估來平衡監管控制和市場效率。

Rupee has surpassed Asian currencies, reaching a four-month high

The rupee began 2024 as an outperformer among Asia-Pacific currencies, closing at its highest level in four months on Friday. This was due to US dollar flows that came in ahead of India’s inclusion in global bond indices, as well as an optimistic outlook on GDP growth that enhanced the country’s appeal.

According to Bloomberg data, the rupee has increased by 0.4% so far in January. On Friday, it closed at 82.92/USD 1, which is its highest closing level since September 12, 2023. The rupee, according to Bloomberg statistics, finished at 83.03/USD 1 in 2023. The rupee fell 0.6% in 2023 on a closing basis, finishing at 83.03/USD 1 on Thursday. on Thursday had a closing basis decline of 0.6% in 2023.


Gujarat has set a 2030 deadline for producing 3 MMPTA of green hydrogen
古吉拉特邦已確定將在2030前達到每年生產3 綠氫的產能

Speaking at the 10th Vibrant Gujarat summit on Friday morning, Gujarat Chief Minister Bhupendra Patel announced the state’s mission to produce green hydrogen. The state has set a target of producing 3 million metric tons per annum (MMPTA) of green hydrogen by 2030 and has set aside two lakh hectares of land for this purpose.

Estimates from the state government indicate that by 2030, the state will need to invest $20–25 billion to build just 1 MMTPA of green hydrogen production.

This project will install 20–30 GW of installed renewable energy capacity in addition to 8–10 GW of electrolyser capacity, which will cost more than INR 45,000 crore.



Tax clouds for emerging manufacturers as the sunset period draws closer

India Inc is anticipating word on whether the sunset period for businesses establishing greenfield manufacturing plants to benefit from the 15% concessional tax rate will be extended.

According to reports, a number of industry associations have petitioned the Finance Ministry for clarification on the issues impacting the scheme as well as a longer three-year extension to the concessional tax system, which expires on March 31 of this year. It’s uncertain if the interim budget, which will be presented next month, will offer clarification.



DoT issues extensive regulations and allows all entities to register for WPAN/WLAN and M2M

All entities are now eligible to register for Wireless Personal Area Networks (WPAN/WLAN), Machine-to-Machine (M2M), and Wireless Local Area Networks (WPAN/WLAN) through the Department of Telecommunications (DoT).

According to the DoT, failure to comply may result in the removal or disconnecting of telecom resources that were acquired from licensed telecom licensees.

Therefore, it stated that all business entities involved in providing M2M services and WPAN/WLAN connectivity, including companies, government departments, organisations, partnership firms, LLPs, institutions, undertakings, proprietorship firms, societies, and trusts, are encouraged to register with DoT “through a simple and transparent online process” via the SaralSanchar portal.


小編點評:印度電信部(Department of TelecommunicationsDoT)已發佈了全面的規定,允許所有單位,包括企業、政府部門和組織,通過SaralSanchar介面上的簡化線上流程進行Wireless Personal Area Networks (WPAN/WLAN)Machine-to-Machine (M2M)服務的註冊。DoT強調,不遵守可能導致從電信牌照持有人那裡獲得的電信資源被移除或中斷,敦促合格的實體完成註冊以確保符合法規。

New BIS norms speed up compliance procedure for IT hardware and electronics companies

According to statements from an industry association, the recent guidelines from the Bureau of Indian Standards (BIS) for the implementation of parallel testing of electronics and IT hardware products might result in significant time savings in the compliance process, ranging from 4 to 13 weeks. On January 9, the BIS established the simultaneous testing pilot project as a permanent feature, including 64 products under the Compulsory Registration Scheme (CRS).

In contrast to the traditional sequential testing approach, manufacturers can now choose to freely implement parallel testing, which speeds up the go-to-market strategy and simplifies compliance.

The industry association MAIT’s director general, Suhail Zaidi, stressed that this voluntary adoption improves business efficiency and allows enterprises to launch cutting-edge products faster for customers.


小編點評:印度標準局(BIS)新的規定允許電子和信息技術硬體產品進行平行測試,有望簡化合規程序,有望將所需時間減少 4 13 周。在強制登記計劃(CRS)下,將 64 款產品的同時測試試點永久納入,使製造商可以選擇平行測試而不是傳統的順序方法,提高業務效率,促進更快地推出頂尖產品給消費者。