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India plans laptop import curbs to boost local manufacturing, sources say  India is expected to limit imports of laptops, tablets and personal computers after January, two government sources with direct knowledge of the matter said, a move to push companies such as Apple to increase domestic manufacturing. This plan, if implemented, could disrupt an industry worth $8 billion to $10 billion and reshape the dynamics of the IT hardware market in India, which is heavily reliant on imports. A similar plan to restrict imports was withdrawn last year following ...
India plans laptop import curbs to boost local manufacturing, sources say
India plans laptop import curbs to boost local manufacturing, sources say
Source: Reuters
2024-10-18 04:23:50 pm
HP, Padget to manufacture laptops, PCs in India, create 1,500 direct jobs: Ashwini Vaishnaw Union Electronics and IT Minister Ashwini Vaishnaw on Monday announced that consumer electronics majors HP Inc and Padget Electronics have signed an MoU to manufacture HP laptops, personal computers, and All-in-One PCs at a factory in Tamil Nadu.   Vaishnaw, who is also the Union Minister for Railways and I&B, told reporters here that this is a major success for the production-linked incentive (PLI) scheme under Prime Minister Narendra Modi’s ‘Make in India’ ...
HP, Padget to manufacture laptops, PCs in India, create 1,500 direct jobs: Ashwini Vaishnaw
HP, Padget to manufacture laptops, PCs in India, create 1,500 direct jobs: Ashwini Vaishnaw
Source: IANS
2024-09-10 09:27:24 am
India HPCL scouts for LNG deals, hopes to start LNG terminal by Dec India's Hindustan Petroleum Corp Ltd is scouting for liquefied natural gas (LNG) import deals as it expects to start its 5 million ton per year (tpy) LNG terminal in western India by end of this year, its head of finance said on Tuesday. "We will be undertaking commissioning activity in November or December depending on weather conditions ... We are in the market for tying up long-term gas from international players," Rajneesh Narang said at its June quarter earnings call. ...
India HPCL scouts for LNG deals, hopes to start LNG terminal by Dec
India HPCL scouts for LNG deals, hopes to start LNG terminal by Dec
Source: Reuters
2024-07-30 05:50:04 pm
HP brings powerful AI PCs for businesses, retail customers in India PC and printer major HP on Thursday unveiled its most powerful AI PCs in India which are aimed at empowering large enterprises, startups and retail consumers.  The new devices include the HP EliteBook Ultra and HP OmniBook X, being the company’s first Copilot+ PCs. Both laptops are engineered around the Snapdragon X Elite processor and its dedicated Neural Processing Unit (NPU), capable of 45 trillion operations per second (TOPS) to run language models and generative AI local...
HP brings powerful AI PCs for businesses, retail customers in India
HP brings powerful AI PCs for businesses, retail customers in India
Source: IANS
2024-07-25 01:45:38 pm
PC shipments grew by 1.9 pc in Q2 this year globally PC shipments totalled 60.6 million units in the second quarter (Q2) of 2024 globally, a 1.9 per cent increase from the same quarter of 2023, a new report showed on Wednesday.   According to Gartner, this marks three-consecutive quarters of year-on-year growth for the PC market. "The low year-on-year growth, together with stabilised sequential growth, indicates that the market is on the right track to recovery," said Mikako Kitagawa, Director Analyst at Gartner. "W...
PC shipments grew by 1.9 pc in Q2 this year globally
PC shipments grew by 1.9 pc in Q2 this year globally
Source: IANS
2024-07-11 10:17:53 am
Microsoft introduces ‘Copilot+ PCs’ for AI era, available from June 18  Tech giant Microsoft has introduced a new category of Windows PCs designed for the artificial intelligence (AI) era. Called ‘Copilot+ PCs’, these are the fastest and most intelligent Windows PCs ever built, the company said in a statement. Starting at $999, the PCs come with new silicon capable of an incredible 40+ TOPS (trillion operations per second), all–day battery life and access to the most advanced AI models. “These experiences come to life on a s...
Microsoft introduces ‘Copilot+ PCs’ for AI era, available from June 18
Microsoft introduces ‘Copilot+ PCs’ for AI era, available from June 18
Source: IANS
2024-05-21 11:32:15 am
HP joins INDO-MIM to mass produce complex metal parts in India In a boost to the ‘Make in India’ initiative, PC and printer major HP on Monday said that it partnered with Metal Injection Molding (MIM) company INDO-MIM to mass produce metal 3DP parts in India. With HP’s 3DP technology, INDO-MIM will enable large-scale production of 3D-printed high-precision metal parts for sectors like automobile, aerospace, Defence, consumer electronics, and medical equipment segments. These machines, installed at the Bengaluru facility of INDO-MI...
HP joins INDO-MIM to mass produce complex metal parts in India
HP joins INDO-MIM to mass produce complex metal parts in India
Source: IANS
2024-04-22 12:54:34 pm
Global PC shipments grow 3 pc after 8 quarters of declines  Global PC shipments grew around 3 per cent (year-on-year) in the first quarter (Q1) this year after eight consecutive quarters of declines due to demand slowdown and inventory correction, a report showed on Thursday. According to the latest data from Counterpoint Research, the full year will see 3 per cent YoY growth, “largely driven by AI PC momentum, shipment recovery across different sectors, and a fresh replacement cycle." In the first quarter, Lenovo’s PC shi...
Global PC shipments grow 3 pc after 8 quarters of declines
Global PC shipments grow 3 pc after 8 quarters of declines
Source: IANS
2024-04-18 04:54:14 pm
HP launches laptops with industry-leading AI tools for creators in India PC and printer major HP on Wednesday launched Envy x360 14 laptops with advanced artificial intelligence (AI) features for the creators' community in India. The new laptops come with a Microsoft CoPilot button on the keyboard to enable generative AI features such as assisted search, content generation and more. The HP Envy x360 14 laptop is available at a starting price of Rs 99,999 in two colours – meteor silver and atmospheric blue. Weighing 1.4 kgs, the device comes with...
HP launches laptops with industry-leading AI tools for creators in India
HP launches laptops with industry-leading AI tools for creators in India
Source: IANS
2024-04-03 10:39:56 am
India PC market drops 6.6% in 2023 to 13.9 mn units, HP leads India's traditional PC market (inclusive of desktops, notebooks, and workstations) shipped 13.9 million units in 2023, down 6.6 per cent (year-over-year), with HP leading the market, a new report showed on Tuesday. According to the International Data Corporation (IDC), the desktop category grew by 6.7 per cent (year-over-year), notebooks and workstations declined by 11.1 per cent (year-over-year) and 14 per cent (year-over-year), respectively. "Low market sentiments after the p...
India PC market drops 6.6% in 2023 to 13.9 mn units, HP leads
India PC market drops 6.6% in 2023 to 13.9 mn units, HP leads
Source: IANS
2024-02-20 05:39:00 pm
HP unveils new moveable PC in India for work, entertainment PC and printer major HP on Thursday unveiled the all-in-one (AIO) moveable PC -- the 'Envy Move' in India for flexibility in work and entertainment. The HP Envy Move AIO comes available at a starting price of Rs 1,24,999. The PC offers a 23.8-inch QHD touch display and is designed to be portable for at-home learning, entertainment, video calls and work. It is thin and light, weighing 4.1 kilograms. The new Envy AIO comes with a keyboard pocket in the back to easily store a wi...
HP unveils new moveable PC in India for work, entertainment
HP unveils new moveable PC in India for work, entertainment
Source: IANS
2024-02-15 12:01:39 pm
India grants incentives for Dell, HP, Foxconn to make IT hardware locally The Indian government has approved investments by 27 companies including Dell, HP and Foxconn under its $2 billion incentive scheme to manufacture IT hardware domestically. Information technology minister Ashwini Vaishnaw said the companies are expected to invest 30 billion Indian rupees ($360 million) collectively, while creating 50,000 jobs in the sector. Approvals have also been granted to domestic manufacturers including Dixon Technologies and VVDN, the minister said. The governm...
India grants incentives for Dell, HP, Foxconn to make IT hardware locally
India grants incentives for Dell, HP, Foxconn to make IT hardware locally
Source: Reuters
2023-11-19 08:56:55 am
India authorises Apple, Dell, Lenovo and others to import laptops, tablets -sources  Apple, Dell, HP, Samsung and Lenovo are among 110 firms authorised by India to import laptops, tablets and personal computers under a new system aimed at monitoring shipments, two government sources said. Acer, Xiaomi, IBM and ASUS have also been issued import authorisations, the two sources said, under India's new "import management system" effective from Wednesday. India announced the new system for laptops, tablets and personal computers last month after it rolled...
India authorises Apple, Dell, Lenovo and others to import laptops, tablets -sources
India authorises Apple, Dell, Lenovo and others to import laptops, tablets -sources
Source: Reuters
2023-11-02 10:06:23 am
HP appoints Apple executive Ipsita Dasgupta as SVP, MD for India market PC and printer major HP on Friday announced the appointment of Ipsita Dasgupta as the Senior Vice President (SVP) and Managing Director of the company's India market.Joining HP on October 30 and reporting to David McQuarrie, HP Chief Commercial Officer, she will lead all aspects of HP?s strategy and profit and loss (P&L) in India, Bangladesh, and Sri Lanka.Gurpreet Singh Brar, who was officiating as interim MD for HP since November last year, will move to a new role of Vice President, Inn...
HP appoints Apple executive Ipsita Dasgupta as SVP, MD for India market
HP appoints Apple executive Ipsita Dasgupta as SVP, MD for India market
Source: IANS
2023-10-20 12:09:33 pm
India launches new `authorisation` plan for imports of laptops, tablets India is launching a new system of "authorisation" for imports of laptops, tablets and personal computers, aiming to monitor shipments of such hardware without hurting market supply, government officials said on Thursday.The new "import management system" takes effect from Nov. 1 and requires companies to register the quantity and value of imports, but the government will not reject any import requests and will use the data for monitoring, the officials said.Its purpose is "to ensure that all...
India launches new `authorisation` plan for imports of laptops, tablets
India launches new `authorisation` plan for imports of laptops, tablets
Source: Reuters
2023-10-19 02:39:12 pm
Government shelves move to curb laptop imports The government is rolling back its plan to restrict laptop imports, months after suddenly announcing the move to introduce a licence system which was aimed at boosting domestic production but had drawn flak from industry as an interference with free trade."India will not impose restrictions on laptop imports," Commerce Secretary Sunil Barthwal said at a press conference on Friday.He said the government "only wants importers to be on close watch."The government said that the import licensing r...
Government shelves move to curb laptop imports
Government shelves move to curb laptop imports
Source: IANS
2023-10-13 04:53:13 pm
HP launches new gaming laptops with AMD processors in India PC and printer major HP on Monday launched its latest gaming laptop portfolio, including the Omen 16 and Victus 16 with powerful AMD processors, in India.?The Omen 16 and the Victus 16 laptops are available at a starting price of Rs 1,14,999 and Rs 86,999, respectively."The new AMD powered line-up is designed to empower all types of gamers, offering unparalleled experiences whether they are immersed in gaming, unleashing their creativity, or focused on connecting,? Vickram Bedi, Senior Direct...
HP launches new gaming laptops with AMD processors in India
HP launches new gaming laptops with AMD processors in India
Source: IANS
2023-09-18 05:38:09pm