The notice stated, "Import of laptops, tablets, all-in-one personal computers, and ultra-small form factor computers and servers falling under HSN 8741 shall be restricted and their import would be allowed against a valid licence for restricted imports."
Addressing a joint press conference with President Emmanuel Macron, PM Modi said France is an important partner in ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives
In its official statement, the company stated that building fabs from scratch in a new geography is a challenge, but Foxconn is committed to investing in India.
“Our friends in India and our big friend, Prime Minister Narendra Modi, launched the ‘Make in India’ initiative several years ago. It has had a truly impressive effect on the Indian economy. It would do no harm to emulate what is working well, even if it was not us but our friends who created it,” the Russian president asserted.