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Boult Wearables: Boult, a domestic wearables brand, expects its dependence on the Chinese supply chain to decline as component manufacturing in India picks up, with local value addition around 15% compared to zero in early 2022. The government's Make-in-India initiative encourages domestic manufacturing of electronics components, with import duty on wearables and batteries reduced to 5-15%.
Boult, a domestic wearables brand, expects its dependence on the Chinese supply chain to decline as component manufacturing in India picks up, with local value addition around 15% compared to zero in early 2022. The government's Make-in-India initiative encourages domestic manufacturing of electronics components, with import duty on wearables and batteries reduced to 5-15%.
Boult Wearables: Boult, a domestic wearables brand, expects its dependence on the Chinese supply chain to decline as component manufacturing in India picks up, with local value addition around 15% compared to zero in early 2022. The government's Make-in-India initiative encourages domestic manufacturing of electronics components, with import duty on wearables and batteries reduced to 5-15%.