Govt removes restrictions on displays, camera components: ICEA

The DGFT, following a meeting between the Ministry of Electronics & IT, Ministry of Finance and Ministry of Commerce & Industry, has agreed to remove restrictions on displays and camera modules. "Such ease of doing business actions, based on consultation with the industry, will help India realise its dream of becoming a global hub for electronics manufacturing and exports.

In a relief for smartphone manufacturers, the Directorate General of Foreign Trade (DGFT) has agreed to remove restrictions on displays and camera modules that were brought in via a DGFT notification on February 9, the India Cellular and Electronics Association (ICEA) said on Thursday.

The DGFT, following a meeting between the Ministry of Electronics & IT, Ministry of Finance and Ministry of Commerce & Industry, has agreed to remove restrictions on displays and camera modules.

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"Such ease of doing business actions, based on consultation with the industry, will help India realise its dream of becoming a global hub for electronics manufacturing and exports – reaching a $300 billion mark by 2026", said Pankaj Mohindroo, Chairman, ICEA.

The government, after internal consultation and inter-ministerial discussion, changed the categories of Displays and Camera Modules from "restricted" to "free".

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The goods classified as "Free" in the import policy do not require permission from DGFT for import.

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However, "Restricted" goods require authorisation or license from the authority for being imported into the country.

The move avoids any disruption in the supply chain and further strengthening India's ambitions to build a strong electronics ecosystem, said the ICEA.

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