The Directorate General of Foreign Trade (DGFT) has mandated that all importers of integrated circuits in India must register under the Chip Import Monitoring System (CHIMS). This requirement applies to all individuals or entities importing various electrical circuits, including integrated circuits, processors, and computer chips. The introduction of CHIMS is a government initiative aimed at strengthening the domestic manufacturing sector for electrical goods. CHIMS is a new import policy for those involved in the importation of such chips.

The DGFT has stated that the purpose of CHIMS is to ensure that the import of integrated circuits is in line with the country’s economic needs and priorities. The DGFT has also stated that CHIMS will help to promote the development of a strong domestic manufacturing base for electrical goods.

Under CHIMS, all importers of integrated circuits will be required to register with the DGFT and provide information on the type and quantity of chips they are importing. The DGFT will use this information to monitor the import of integrated circuits and to ensure that it is in line with the country’s economic needs and priorities.

The introduction of CHIMS has been welcomed by the Indian electronics industry. The industry has stated that CHIMS will help to ensure the availability of quality integrated circuits at competitive prices and that it will help to promote the development of a strong domestic manufacturing base for electrical goods.