India Delays Shock Move to Curb Imports of Laptops, Tablets

(Bloomberg) — India backtracked Friday on its sudden plan to curb laptop and tablet imports without a license, giving companies three months to secure the permits.

The move came after tech giants Apple Inc., Samsung Electronics Co. and HP Inc. froze new device imports to the South Asian country following an abrupt order on Thursday.

India’s trade regulator surprised the world’s biggest PC makers when it made licenses mandatory for import of electronics from small tablets to all-in-one PCs.