Jason Oxman President and Chief Executive Officer at Information Technology Industry Council | Official website
The global tech trade association ITI has responded to the Government of India's decision to extend its import management system by three months. The policy, initially set to expire on September 30, 2024, would have introduced a new licensing regime for importing tablets, laptops, and other technology devices.
In a statement released today, Kumar Deep Banerjee, ITI's Country Director for India, expressed gratitude for the extension but called for greater clarity on the upcoming changes. "We thank the government for extending the current import management system," Banerjee said. "However, industry needs more clarity on the proposed new import authorisation policy, set to be in place from January 2025."
Banerjee emphasized the importance of engaging with stakeholders before implementing any new requirements. "We expect a robust stakeholder consultation before implementing any new requirements," he stated. He also urged the government to avoid restrictive measures such as a quota system: "and urge the government to avoid a quota system or other restrictive approaches to trade in these products."
Additionally, Banerjee highlighted the need for an adequate transition period should there be any policy changes. "In the event of a policy change," he added, "the government should also provide a reasonable transition period."