IT hardware companies may get more time for local manufacturing

New Delhi: The government is open to the idea of giving foreign companies more time to set up manufacturing units provided they submit a clear, detailed and graded roadmap of their make-in-India plans for specific products such as laptops, personal computers and servers, a senior government official said.

The companies have sought up to 12 months to set up local factories.

If the government is satisfied with plans submitted by the companies, it could think of providing some relaxation on the licensing norms for import of such items, which also include tablets and small form factor computers.