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Why did India ban import of laptops?
The government on Thursday restricted the import of laptops, tablets and computers with immediate effect for security reasons and to promote domestic manufacturing. Laptops and tablets account for a fraction of India’s annual import of electronics of more than $60 billion.
The ban of import of Laptops, tablets and computers will add another layer of incentive for local manufacturing to the existing incentives worth $2 billion assured under the Productivity-Linked Incentive (PLI) scheme. India is targeting annual production worth $300 billion by 2026 and the restrictions on unlimited imports will compel companies like Dell, Acer, Samsung, LG Electronics, Apple, Lenovo and HP to enhance their assembling or manufacturing facilities in India.
Today's Headline in NewsHours
0:00 Intro
3:25 To push local manufacturing, India restricts import of laptop, computers with immediate effect
3:55 Rajya Sabha passes the Press and Registration of Periodicals Bill
4:25 #TCS launches neural manufacturing solutions on Microsoft Cloud
4:58 #AMD plans to ramp up production of its flagship AI chip by year-end
5:27 #Govt adopts Aadhaar-based payment system in Mahatma Gandhi National Rural Employment Guarantee Scheme
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Why did India ban import of laptops?By VARINDIA| 19 views
Worldwide IT spending
#WorldwideITspending is projected to reach $4.6 trillion in 2023 according to the latest forecast by Gartner. This represents an increase of 5.5% from the previous year. The projected growth is primarily driven by enterprise software and cloud services, as well as continued investment in IT infrastructure such as servers, storage, and networking equipment.
The COVID-19 pandemic has accelerated the shift towards digital transformation and remote work, which is expected to continue to drive IT spending in the coming years. However, there are also concerns about potential supply chain disruptions and inflationary pressures that could impact IT spending.
IT spending will remain strong, even as many countries are projected to have near-flat gross domestic product growth and high inflation in 2023. Prioritization will be critical as CIOs look to optimize spend while using digital technology to transform the company’s value proposition, revenue and client interactions.
Today's Headline in NewsHours
0:00 Intro
2:31 PC market sees a sharp decline in beginning of 2023
3:02 MSI is the newest victim of a Ransomware Attack
3:33 #Apple bars 22 rival brands from opening shops near its India store
4:07 Parag Agrawal & other fired executives sue Twitter over unpaid legal fees
4:34 #Alibaba unveils an AI model similar to GPT
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#ITspending #ITbudget #GlobalITspending #TechnologySpending #ITinvestment #DigitalTransformation #EnterpriseTechnology #ITexpense #ITcosts #By VARINDIA| 30 views
Indian PC market to face the heat wave due to China lockdowns
Widespread lockdowns were imposed to prevent the spread of omicron-variant outbreaks. Both manufacturing and nonmanufacturing gauges released by the National Bureau of Statistics tumbled into contractionary territory in March. As China takes a strong stance on its Zero-Covid policy, implementing lockdowns in major manufacturing hubs, supply disruptions in PC market will occur. The official manufacturing PMI fell below the 50 mark, which separates activity expansion from contraction, after four months of activity expansion. Lockdowns have also suspended work at electronics factories in the south and a wide variety of industrial companies in central China. India’s biggest supplier of intermediate goods, has revived fears of potential disruptions in the availability of key raw materials and intermediate goods. In some sectors, especially electronics, up to 25% of production could get hit in the short term, some of them said, cautioning that exports of various products, too, will be adversely impacted. Many Chinese manufacturing hubs, including Shenzhen, Shanghai and Changchun, implemented widespread lockdowns this month as daily COVID-19 infections rose to their highest levels since the initial outbreak in the central Chinese city of Wuhan in early 2020. The widespread lockdowns and quarantine measures also made manufacturers short-staffed while lengthening their delivery time.
Stronger demand is expected from SMBs and enterprise customers, as the number of Covid-19 cases falls, vaccination rates surge, and businesses and schools return to normal. China’s Covid lockdowns are putting the economy under strain and threatening to disrupt global supply chains, prompting Beijing to call for more contingency plans to deal with the risks. The emergence of the highly transmissible omicron variant has made controlling outbreaks harder and increased uncertainty for business operations. Local governments across China have attributed the latest waveBy VARINDIA| 16 views
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My interview with Jan Man India
Here is my interview with Shri Sudhir Raval on Jan Man India Channel.
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CII Celebrates India@75 - India's IT Journey@75
#DYK India is the largest #Software exporter in the world? As India completes #75yearsofIndependence, let's look at the country's IT journey over the last 75yrs.
#IndiaAt75 #HarGharTiranga #AmritMahotsav #CIICelebratesIndiaat75
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ECI Press Briefing
Press briefing of Election Commission of India on completion of 2nd Phase of #LokSabhaElection2019 and State Legislative Assemblies elections.
#PollingDay #DeskKaMahaTyohaar #NoVoterToBeLeftBehind
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Mr Bhupesh Baghel, CM, Chhattisgarh at #FICCIAGM
Mr Bhupesh Baghel, CM, Chhattisgarh in conversation with Dr Jyotsna Suri, Past President, FICCI at #FICCIAGM.
#FICCI #IndianEconomy #Economy #India
Watch Mr Bhupesh Baghel, CM, Chhattisgarh at #FICCIAGM With HD QualityBy FICCI India| 637670 views
Lok Sabha Election Results 2024 Updates: BJP प्रत्याशी Hema Malini ने बड़ी जीत का किया दावा | UP
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लोकसभा चुनाव 2024 अपडेट
देशभर में मतगणना जारी
BJP प्रत्याशी हेमा मालिनी ने जीत का किया दावा
‘मुझे पूरा विश्वास है कि हम सरकार जरूर बनाएंगे’
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Lok Sabha Election Results 2024 Updates: BJP प्रत्याशी Hema Malini ने बड़ी जीत का किया दावा | UPBy PunjabKesari TV| 437 views
Jammu Kashmir Terror Attack News: सेना को बड़ी कामयबाी, Kathua में एक और आतंकी ढेर
#jammuandkashmirpolice #kathua #khabarfastnews #khabarfastdigital
जम्मू-कश्मीर के कठुआ जिले के एक गांव में एक और आतंकी हमला हुआ और इसके बाद से सर्च ऑपरेशन जारी है। इस बीच, सूत्रों के मुताबिक सुरक्षाबलों ने एक और आतंकी को मार गिराया है।
Jammu Kashmir Terror Attack News: सेना को बड़ी कामयबाी, Kathua में एक और आतंकी ढेर
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For aBy Khabar Fast| 479 views
Kartik Aaryan on his Transformation, Kabir Khan, real life struggle & directing a film | EXCLUSIVE
For Kabir Khan's film Chandu Champion, Kartik Aryan is going the biopic route. In an exclusive conversation with Bollywood Bubble host Avinash Pal, Kartik talks about his upcoming release and what kind of director is Kabir. Kartik reveals why this film is the most challenging film of his career, how initially people were doubtful whether he would be successful or not. He confesses there was a stage where he did not even tell people that he wanted to become an actor! Kartik also tells whether he is planning a film as a director, and what are the mandates to become a champion?
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Click on the Subscribe Button NOW and Stay Tuned.Kartik Aaryan on his Transformation, Kabir Khan, real life struggle & directing a film | EXCLUSIVEBy Bollywood Bubble| 418 views
Exclusive Video | Unveiling the Cricket Journey of Zimbabwean Star Christopher Mpofu
Dive into the remarkable journey of Christopher Mpofu, the cricket sensation from Zimbabwe whose career has been a testament to resilience, determination, and unwavering passion for the sport.
In this exclusive video, we bring you never-before-seen footage, interviews, and insights into Mpofu's rise to prominence, his memorable performances on the field, and the challenges he overcame along the way.
From his early days honing his skills on the dusty pitches of Bulawayo to representing his nation on the international stage, Mpofu's story is one of inspiration and triumph against all odds.
Join us as we celebrate the legacy of this cricketing icon and explore the defining moments that have shaped his illustrious career.
Exclusive Video | Unveiling the Cricket Journey of Zimbabwean Star Christopher MpofuBy CricTracker| 61 views
