Page 46 - Electronics Association News Today

India imposes the highest tariffs on electronics inputs compared to other competing economies, exacerbating its cost disadvantage

Xiaomi: The report estimates that the cost of production of mobiles would increase by about 4% for total production, offsetting the incentive provided under the PLI scheme.

In a comparative study of input tariffs across India, China, Vietnam, Thailand, and Mexico covering 120 key components, the India Cellular and Electronics Association found that increasing tariffs on inputs increases the cost of production, thereby reducing the competitiveness of India in electronics manufacturing, for both finished products and inputs in global value chains.

Vietnam's weighted average tariff, taking into consideration its sprawling FTAs with countries, is a mere 1.1 per cent against India's 7 per cent

Relevant FTAs will take time, targeted tariff reduction is the immediate solution, Pankaj Mohindroo, Chairman at ICEA, said during a briefing.ICEA study mentioned that over 80 per cent of Vietnams imports for 120 tariff lines are under free trade agreements FTAs.

The India Cellular and Electronics Association (ICEA) said that it is setting up a task force to ensure that the...

The Space Force's procurement organization is making near-term moves to support a push for more resilient on-orbit capabilities.

This year, smartphones are the fifth highest exported product from India and have crossed Rs 1 lakh crore in our...

Designed to boost India’s manufacturing capabilities and exports, the production-linked incentive scheme has had a tepid beginning. Things might begin to change in FY24, with economic activity predicted to normalise

The India Cellular and Electronics Association (ICEA) on Monday said that it is setting up a task-force to ensure that the current electronics trade between India and the US goes up from an estimated $8 billion to $100 billion in a decade.The ...