India lifts laptop import restrictions amid industry backlash

In a recent turn of events, India has decided to retract its decision to impose restrictions on laptop imports after facing strong opposition. Trade Secretary Sunil Barthwal made the announcement, emphasizing the government's intention to closely monitor laptop imports. 

Initially introduced on August 3 to ensure the entry of "trusted hardware and systems," the import licensing system faced severe criticism from both the industry and Washington. Brands like Apple, Samsung, Dell, Lenovo, and HP were among those who would have been significantly affected.

While this change of course doesn't revert to the previous import rules, the government is now engaging with industry stakeholders to create a new framework, expected to be unveiled by the end of the month.