The Indian government recently issued a notice stating that restrictions on the import of personal computers, including laptops and tablets, require companies to apply for a license in advance in order to be exempted. The relevant measures are expected to take effect from November 1st. What impact will this have on global electronics companies and the local Indian market?

Analysis indicates that India's move is mainly aimed at boosting its electronic manufacturing industry and reducing its dependence on imports.

According to data from global analysis firm Counterpoint, approximately 65% of personal computer products such as laptops in India rely on imports. Among these imports, China accounts for a large proportion, accounting for approximately 76.9% of all types of personal computer products imported by India from 2022 to 2023.

After the restriction order was issued, the stock prices of Indian domestic electronics companies have risen significantly. Dixon Technology rose by approximately 8% on the same day after the restriction order was issued.

By sorting out the market share of Indian electronic products, we will take a detailed look at which companies may be hit.

According to data from the analysis company Canalys, this chart shows the top five companies in the desktop and laptop markets in 2022. HP ranked first with a market share of 31.6%, Lenovo ranked second with a share of 19.8%, and Dell ranked third with a share of 14.3%. In the tablet market, the top three are still multinational companies, including Samsung, Apple, and Lenovo. The fourth ranked lava is an Indian company.

The electronics giants have also responded to the ban. According to Bloomberg, companies such as Apple, Samsung, and HP have temporarily suspended the export of personal computers to India.

Some analysts also pointed out that in the Indian personal computer market, the launch of new products may be significantly later than in the international market. Also, it should be noted that the autumn semester is about to begin, and in addition, India will also celebrate Diwali Festival in October, which is usually the peak season for sales. The latest restrictions may lead to a tight supply of personal computer products, and may even lead to short-term price increases.

In fact, in May this year, the Indian government introduced an approximately $2 billion incentive plan, hoping to replicate the successful experience of the mobile phone industry and attract more computer manufacturers to settle down and produce in India. However, at that time, there was little interest. Now, the restrictions further reflect India's desire to play an important role in the global electronic product supply chain. India hopes to manufacture $300 billion in electronic products by 2026.