Page 23 - Electronics Association News Today

Get latest articles and stories on Latest News at LatestLY. There is a need to rationalise customs duties particularly in those sectors which are growing at a healthy pace for the last several decades, an official said on Thursday. Latest News | Need to Rationalise Customs Duties in Certain Sectors: Official.

The consideration comes as the electronics and information technology ministry in India is fine-tuning a proposal, aiming to include the potential duty cuts in the upcoming interim budget on February 1.

India is considering import duty cuts on components key to producing high-end mobile phones, two government officials said, which would potentially be a boost for companies like Apple and the countrys exports

      business reporter import duty cut on mobile phone components can increase domestic production of handsets by 28 per cent to usd 82 billion and boost export, crucial to support indigenous manufacturing, industry bod

Exports of gems and jewellery, petroleum products, and engineering goods, however, declined because of a global slowdown in demand

High tariffs on smartphone components can make India a less competitive destination, making it difficult for companies to join global value chains (GVCs) and simultaneously discourage GVCs

India is considering import duty cuts on components key to producing high-end mobile phones, two government officials said, which would potentially be a boost for companies like Apple and the country's exports. Companies in the sector have been pushing for cuts on nearly a dozen components to reduce the cost of making smartphones in India and level up the playing field with regional competitors such as China and Vietnam. India's electronics and information technology ministry is firm...

Import Duty Cuts: Indias electronics and information technology ministry is firming up the proposal, including the size of the duty cuts, and hopes it can be included in the federal budget on Feb.1, one official said. It wasnt clear how many components are included in the ministrys proposal.

India is considering reducing the import duty on high-end mobile phone components, which can benefit smartphone makers like Apple and boost phone expo

The AFATDS program has been used by troops for years to coordinate mortars, guided missiles, close air support and more.