NEW DELHI, May 11 -- India's electronics companies are getting more time, but not price revisions, to execute government procurement contracts as geopolitical conflicts and supply-chain disruptions raise costs for suppliers of smartphones, tablets and laptops.

In a 29 April notice, the department of expenditure in the finance ministry said global economic and supply-chain disruptions triggered by the Iran conflict and preceding geopolitical tensions qualify as force majeure, allowing companies executing government contracts to seek delivery extensions of up to four months without penalty.

The move offers some relief to companies such as Acer, Lava and Samsung India, which had sought price revisions for ongoing contracts amid rising comp...