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Top industry groups and tech giants, including <keyword id="6354427" type="General" weightage="50" keywordseo="apple" source="Orion">Apple</keyword> and Intel, have sent a letter to the <keyword id="126668" type="General" weightage="50" keywordseo="us-department-of-commerce" source="Orion">US Department of Commerce</keyword>, protesting against <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>'s recent import restrictions on PCs, laptops and servers. In the letter, the biggest players in technology and manufacturing said the move "could significantly disrupt trade, hamper efforts to more closely integrate India into global supply chains, and harm businesses and consumers in both countries". Eight American trade groups asked the government to urge India to reconsider the policy, reports Bloomberg News. The industry groups included the Information Technology Industry Council, the National Association of Manufacturers and the <keyword id="1034072" type="General" weightage="50" keywordseo="semiconductor-industry-association" source="Orion">Semiconductor Industry Association</keyword>. They wrote in the letter that any barrier to trade could affect the shipment of US-made computers and electronics into India. According to the notification by the Directorate General of Foreign Trade (DGFT) in India, for clearance of import consignments with effect from November 1, 2023, a valid licence for restricted imports is required. The government has told tech companies that the restrictions are not to ban imports but to promote exports via domestic manufacturing. Meanwhile, top consumer electronics companies like HP, Apple and Dell last week urged the government to extend the November 1 deadline for the licences required for PCs, laptops and tablets by at least an year, as it will take time to configure and set up manufacturing/assembling units as per new guidelines. In a meeting with the Ministry of Electronics and Information Technology (MeitY) officials, also attended by leading industry bodies the Manufacturing Association of IT Hardware (MAIT) and the India Cellular and Electronics Association (ICEA), the tech companies conveyed to the government they need more time to set up manufacturing units in the country, according to sources. Post November 1, no entity will be allowed to import laptops, computers, and related items without a license. The Centre has said the restrictions were imposed for security reasons and also for promoting the 'Atmanirbhar Bharat' mission. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/webstories/audi-has-announced-the-launch-of-the-q8-e-tron-and-the-q8-sportback-e-tron-electric-cars-in-india/slidelist/102836760.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/webstories/audi-has-announced-the-launch-of-the-q8-e-tron-and-the-q8-sportback-e-tron-electric-cars-in-india/slidelist/102836760.cms" target="_blank">Audi Q8 e-tron and Q8 Sportback e-tron launched in India with more than 500 KM Range</a> <a href="https://www.businessinsider.in/tech/news/indian-pc-market-declines-for-fourth-consecutive-quarter-reports-15-decline/articleshow/102822733.cms">Indian PC market declines for fourth consecutive quarter, reports 15% decline</a> <a href="https://www.businessinsider.in/tech/mobile/news/india-crosses-the-2-billion-mark-in-its-journey-to-become-a-smartphone-manufacturing-powerhouse/articleshow/102760757.cms">India crosses the 2 billion mark in its journey to become a smartphone manufacturing powerhouse</a>

Urge India to reconsider PC import restrictions: Top industry groups ask US govt

<ul><li>The Indian <keyword id="28355" type="General" weightage="20" keywordseo="pc-market" source="Orion">PC market</keyword> recorded its best quarter with a shipment of 4.5 million devices in Q3 2023.</li><li>This surge comes after four consecutive quarters of decline.</li><li>The growth in part is due to the looming import restrictions from the government.</li></ul>The Indian personal computer or PC market has recorded its highest ever shipments at 4.5 million devices in the third quarter of 2023, a 14% increase year-on-year. The rise comes after the PC market had reported a decline in four consecutive quarters. The Indian PC market, which consists of desktops, notebooks, and workstations, had shipped 3.2 million units in Q2 2023. Apart from the festive season, the boost in shipments could also be due to the looming<a href="https://www.businessinsider.in/tech/news/india-puts-curbs-on-laptop-and-tablet-imports-heres-how-it-could-impact-you/articleshow/102430014.cms"> restriction on imports</a>, which has now been<a href="https://www.businessinsider.in/policy/economy/news/india-tweaks-licensing-norms-for-laptop-computer-imports/articleshow/104551661.cms"> withdrawn</a> by the Indian government. “The consumer segment saw strong traction in 3Q ‘23 after a challenging past four quarters,” said Bharath Shenoy, Senior Research Analyst, IDC India. <cmsannotation type="cmsannotation" annotationid="Decent growth across segments" comment="subhead" text="Decent growth across segments">Decent growth across segments</cmsannotation> According to a report by <keyword id="668267" type="General" weightage="20" keywordseo="international-data-corporation" source="Orion">International Data Corporation</keyword> (IDC), both notebooks and desktop segments recorded decent growth in Q3 2023. The desktop segment has reported a 19.3% year-on-year growth and the notebook category has grown by 13.1%. While the commercial segment has remained flat, the consumer segment recorded a growth of 26.3% year-on-year. The education segment recorded a huge 117.5% growth at the back of a Gujarat education project, where sections of the society were provided with free devices. <cmsannotation type="cmsannotation" annotationid="Government restrictions boost shipments" comment="subhead" text="Government restrictions boost shipments">Government restrictions boost shipments</cmsannotation> The shipments in part are attributable to companies shipping devices to boost inventory anticipating import restrictions by the Indian government. It is worth noting that the import restrictions have now been put on hold. “In August, the Government of India declared a mandatory requirement of import licences for PCs from October 30. Though this decision was later put on hold, vendors shipped significant channel inventory to avoid any risks of supply shortages or price hikes, not to mention ensuring sufficient supplies for festival season sales,” added Shenoy. <cmsannotation type="cmsannotation" annotationid="HP leads the PC industry" comment="subhead" text="HP leads the PC industry">HP leads the PC industry</cmsannotation> HP continues to lead the Indian PC market with a 29.4% market share in Q3 2023, recording a 33.5% year-on-year growth in the commercial segment. The company recorded its biggest ever quarter in terms of consumer shipments. Lenovo was a distant second with a share of 17% in Q3 2023, reporting an 8.8% year-on-year decline in shipments. Dell is in the third position with a 14.6% market share, recording a growth of 3.8% during the quarter. The company’s consumer segment recorded a 68.5% growth year-on-year. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/after-two-months-of-selling-fpis-bet-big-on-india-after-diwali/articleshow/105282517.cms">After two months of selling, FPIs bet big on India after Diwali</a> <a href="https://www.businessinsider.in/tech/news/the-most-common-passwords-in-india-and-how-long-it-takes-to-crack-them/articleshow/105257216.cms">The most common passwords in India and how long it takes to crack them</a> <a href="https://www.businessinsider.in/tech/apps/news/google-to-stop-offering-unlimited-whatsapp-backups-heres-what-it-means/articleshow/105230545.cms">Google to stop offering unlimited WhatsApp backups – here’s what it means for you and me</a>

India’s PC market shipments surge in Q3 amidst import restrictions talks

The domestic <keyword id="17386539" type="General" weightage="20" keywordseo="commercial-vehicle-industry-volumes" source="Orion">commercial vehicle industry volumes</keyword> are expected to grow by 7-10 per cent in FY2024, supported by replacement demand, pick-up in mining, infrastructure construction activities and overall healthy fleet utilisation levels, rating firm Icra said on Thursday. This is despite the 5 per cent year-on-year and 41 per cent sequential contraction in volumes in April 2023, it noted. The growth in FY2024 would follow a year of healthy demand in FY2023, wherein the industry volumes expanded by more than 33 per cent, supported by a favourable base, as well as a healthy pick-up in macroeconomic activity, Icra said. The scrappage policy, which was announced in March 2021, has been implemented from April 1, 2023, and is likely to contribute to the growth of new commercial vehicle sales, it added. "The major impact of the scrappage policy is expected in the CV (Commercial Vehicle) segment, especially passenger carriers, as the usage of other vehicles such as two-wheelers, passenger vehicles, etc. beyond 15 years would be limited," Icra Corporate Ratings Vice President &amp; Co Group Head Kinjal Shah stated. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/inflows-into-equity-mutual-funds-hit-a-4-month-low-in-april-amfi/articleshow/100162128.cms">Inflows into equity mutual funds hit a 4-month low in April: AMFI</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/sajjan-jindal-led-jsw-infra-would-be-the-third-group-company-to-go-public/slidelist/100156198.cms">JSW Infrastructure to come out with ₹2,800 crore IPO; third group company to go public</a>

Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra

The <keyword id="698382" type="General" weightage="20" keywordseo="Commercial-vehicle-industry" source="Orion">commercial vehicle industry</keyword> volume is expected to grow in the range of 7-10 per cent in the next financial year, rating agency <keyword id="6354972" type="General" weightage="20" keywordseo="Icra" source="Orion">Icra</keyword> said on Tuesday. The volume growth would be on account of government infrastructure spending, replacement demand, back-to-school and office scenarios and e-commerce expansion, it noted. The growth will, however, moderate from 24-26 per cent in the current financial year, it added. Icra noted that the growth trends were visible in third quarter of the current fiscal, with wholesale dispatches reporting a growth of 16 per cent on a year-on-year basis, supported by replacement demand, improvement in the macroeconomic environment, and healthy traction in the underlying industries such as steel, cement, mining, automobiles, and e-commerce. Freight rates continued to hold up, which, coupled with healthy freight availability, is supporting fleet operator viability, it noted. The growth trends continued to be broad-based across all the three sub-segments -- <keyword id="3393306" type="General" weightage="20" keywordseo="medium-heavy-commercial-vehicles" source="Orion">medium &amp; heavy commercial vehicles</keyword> (M&amp;HCV), <keyword id="163353" type="General" weightage="20" keywordseo="light-commercial-vehicles" source="Orion">light commercial vehicles</keyword> (LCV), and buses, in the third quarter and nine months ended December 31, 2022, Icra said. "Sales in the domestic CV industry continue to be propelled by multiple tailwinds including replacement of ageing vehicles, pick-up in mining, infrastructure and construction activities, improvement in the overall macroeconomic environment and healthy fleet utilisation levels resulting in improved fleet operator viability," Icra Assistant Vice President &amp; Sector Head - Corporate Ratings Sruthi Thomas. Furthermore, the continued thrust of the government on infrastructure development, as evidenced in the increased capex outlay of ₹10 trillion in the Union Budget for 2023-24, would augur well for sustained growth, especially in the heavy truck segment over the near-term, she added. Icra also expects an improvement in the financial performance of the CV OEMs, led by the benefit of operating leverage and the easing commodity prices; accordingly, aggregate operating profit margin of CV OEMs is expected to revive to 6-7 per cent in FY2023 and improve further in the next fiscal. "This in turn, will support the gradual improvement in their credit metrics as well. In terms of the investment outlay, while CV OEMs have limited plans for capacity expansion over the near term, investments in new product development, electric and other alternative fuel vehicles, and tightening emission norms, etc. would continue," Thomas said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/digiqure-the-latest-startup-to-appear-on-shark-tank-india-s2-aims-to-tackle-healthcare-services-in-rural-area/articleshow/97911962.cms">The untimely death of 7-year-old girl inspired this startup to start e-clinics in villages</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/real-estate-financial-services-top-pesky-callers-list-localcircles-survey/articleshow/97910227.cms">Real estate, financial services top pesky callers list: LocalCircles survey</a>

Commercial vehicle industry volumes to see 7-10 pc growth in FY24: Icra

<keyword id="3658" type="General" weightage="20" keywordseo="india" source="Orion">India</keyword>'s industrial production rose 2.4 per cent in July, according to the official data released on Monday. The IIP had grown 11.5 per cent in July 2021. As per the Index of Industrial Production (IIP) data released by the <keyword id="7734679" type="General" weightage="80" keywordseo="national-statistical-office" source="Orion">National Statistical Office</keyword> (<keyword id="2501810" type="General" weightage="80" keywordseo="nso" source="Orion">NSO</keyword>), the manufacturing sector's output grew 3.2 per cent in July 2022. The mining output contracted 3.3 per cent while power generation increased 2.3 per cent during the same period. In April 2020, industrial production had contracted 57.3 per cent due to a decline in economic activities in the wake of the lockdown imposed to curb the spread of coronavirus infections. SEE ALSO : <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/education/news/melbourne-university-madras-university-sign-mou-for-research-and-teaching-programmes/articleshow/94156218.cms">Melbourne University, Madras University sign MoU for research and teaching programmes</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/cheetah-reintroduction-all-but-one-village-in-kuno-national-park-resettled-say-officials/articleshow/94155743.cms">Cheetah reintroduction: All but one village in Kuno national park resettled, say officials</a>

Industrial production grows 2.4 pc in July

<ul><li>At its AGM today, Reliance Industries announced the <keyword id="14840517" type="General" weightage="20" keywordseo="jio-airfiber" source="Orion">Jio AirFiber</keyword> and plug-and-play device which will be launched soon.</li><li>By using the plug-and-play device - Jio Cloud PC, users can eliminate all expenses related to buying a PC or a laptop.</li><li>Jio’s 5G services will be launched in multiple key cities including Mumbai, Delhi, Chennai and Kolkata.</li></ul>Reliance Industries (RIL) Chairman Mukesh Ambani today announced an investment of ₹ 2 lakh crore to roll out 5G services in India by Diwali this year. At RIL’s 45th annual general meeting (AGM), he said Jio’s 5G services will be launched in multiple key cities including Mumbai, Delhi, Chennai and Kolkata. Further, he added, “By Dec’23, we will deliver 5G to every town of India”. The company plans to connect 100 million households with high-speed mobile broadband in 18 months. <cmsannotation type="cmsannotation" annotationid="Jio AirFiber: A PC in every Indian home and business" comment="subhead" text="Jio AirFiber: A PC in every Indian home and business">Jio AirFiber: A PC in every Indian home and business</cmsannotation> Reliance has launched a new Jio AirFiber plug-and-play device that is said to give fibre-like speeds wirelessly, via WiFi hotspots. Talking about how JioAirFiber will be a revolutionary device, Kiran Thomas, director, Reliance Jio, said, "Using JioAirFiber, customers can opt to use a virtual PC - Jio Cloud PC. No upfront investments, no upgrades. A super-affordable way to bring the power of a PC, even multiple PCs, to every Indian home and business." The ultra-high speed of JioAirFiber will help in transforming how videos are consumed. "We can deliver multiple video streams, showing multiple camera angles at the same time and that too in ultra-high definition, and we can dynamically choose which camera angle we want to focus on," said Akash Ambani, the chairman of Reliance Jio. <cmsannotation type="cmsannotation" annotationid="Jio Cloud PC – What this is" comment="subhead" text="Jio Cloud PC – What this is">Jio Cloud PC – What this is</cmsannotation> As part of the AirFiber service, customers will be able to access cloud PCs. Using JioAirFiber, people can eliminate all expenses related to buying computer hardware and periodically upgrading it, and opt to use a virtual PC hosted in the cloud – called Jio Cloud PC. With no upfront investment or tension of periodical upgrades, a user needs to pay only to the extent used, which could help cut costs significantly. <cmsannotation type="cmsannotation" annotationid="What is a cloud PC?" comment="subhead" text="What is a cloud PC?">What is a cloud PC?</cmsannotation> A cloud PC is a virtual desktop – a highly optimised and scalable virtual machine providing end users with a rich Windows desktop experience. In cloud PCs, the data is delivered from the cloud rather than physical devices, data centres or devices like workstations. Cloud PCs work on a software-as-a-service (SaaS) model. Currently, Microsoft offers Windows 365 Cloud PC service that hosts virtual PCs with Windows installed on them. To access a Cloud PC a user needs a device - Jio AirFiber plug-and-play device similar to Fire Stick. A CPU is not needed as the connected server will act as the powerhouse of a cloud PC. Reliance says that the Jio Cloud PC device will be a game changer for students, small businesses and gig-workers in the country. Also, the solution will be helpful for large enterprises as no upfront investment will be required. Currently, there are no details on the availability and price of the device, but it is likely that the Jio Cloud PC will be available after the rollout of Jio 5G services. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/jio-set-to-launch-true-5g-services-this-2022-diwali/articleshow/93854727.cms">Jio set to launch True 5G services across major Indian cities this Diwali</a> <a href="https://www.businessinsider.in/business/telecom/news/jio-airtel-could-emerge-stronger-weaking-vodafone-idea-further-say-analysts/articleshow/93499353.cms">Jio, Airtel could emerge stronger weakening Vodafone Idea further, say analysts</a>

Reliance Jio to offer cloud PC services soon – Here’s everything you need to know

The traditional <keyword id="653379" type="General" weightage="20" keywordseo="PC-industry" source="Orion">PC industry</keyword> continued to decline, with worldwide shipments reaching 74.3 million units in the third quarter of 2022, says a new report. According to IDC, cooling demand and uneven supply have contributed to a year-over-year contraction of 15.0 per cent. However, shipment volumes remain well above pre-pandemic levels when PC volumes were driven mainly by commercial refreshes due to the looming end of support for Windows 7. "Consumer demand has remained muted though promotional activity from the likes of <keyword id="6354427" type="General" weightage="80" keywordseo="apple" source="Orion">Apple</keyword> and other players has helped soften the fall and reduce channel inventory by a couple of weeks across the board," Jitesh <keyword id="909746" type="General" weightage="80" keywordseo="ubrani" source="Orion">Ubrani</keyword>, research manager for IDC's Mobility and <keyword id="15220189" type="General" weightage="50" keywordseo="consumer-device-trackers" source="Orion">Consumer Device Trackers</keyword>, said in a statement. "Supply has also reacted to the new lows by reducing orders, with Apple being the only exception as their third quarter supply increased to make up for lost orders stemming from the lockdowns in China during the second quarter," Ubrani added. Ahead of Apple, in the top position, Lenovo saw its shipments shrink YoY 16.1 per cent to 16.9 million, HP declined 27.8 per cent to 12.7 million, and <keyword id="28251" type="General" weightage="50" keywordseo="dell" source="Orion">Dell</keyword> dropped 21.2 per cent to 11.96 million. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/banks/news/cbi-books-a-mumbai-based-firm-for-defrauding-union-bank-of-india-of-62-9-crore/articleshow/94775199.cms">CBI books a Mumbai-based firm for defrauding Union Bank of India of ₹62.9 crore</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/mulayams-body-arrives-at-native-saifai-village-people-throng-to-pay-tributes/articleshow/94774731.cms">Mulayam's body arrives at native Saifai village, people throng to pay tributes</a>

You Searched For "PC industry" and got 7 results

Urge India to reconsider PC import restrictions: Top industry groups ask US govt

IANS

India’s PC market shipments surge in Q3 amidst import restrictions talks

Sourabh Jain

Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra

PTI

Commercial vehicle industry volumes to see 7-10 pc growth in FY24: Icra

PTI

Industrial production grows 2.4 pc in July

PTI

Reliance Jio to offer cloud PC services soon – Here’s everything you need to know

Rahul Verma

Global PC shipments decline another 15% in Q3: Report

IANS

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