Govt's policy flip-flops on imports of gadgets raises biz uncertainty: GTRI

The government's policy flip-flops on restricting imports of laptops and similar products have increased business uncertainty and costs, think tank GTRI said on Wednesday. A decisive and consistent policy is crucial to encourage global technology companies to shift manufacturing units to India and build a robust electronics supply chain, it added. To promote local manufacturing and reduce reliance on China, the government must announce a stable and long-term policy, it noted. India, it said, is bound by the ITA-1 (information technology) agreement of the World Trade Organisation (WTO) and cannot raise import duties, leaving import restrictions as the primary tool for fostering domestic production. However, the repeated extensions of import authorisations and delays in implementing a clear Import Management System (IMS) have undermined these efforts, the think tank said. "A decisive, consistent policy is crucial to encourage global tech companies to shift manufacturing to India and
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