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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 firming up the proposal, including the size of the duty cuts, and hopes it can be included in the federa...
Import Duty Cuts: India's 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 wasn't clear how many components are included in the ministry's 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
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The AFATDS program has been used by troops for years to coordinate mortars, guided missiles, close air support and more.