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India Cuts Tariffs to Boost iPhone Manufacturing | India Business News - Vimarsana News

India Cuts Tariffs to Boost iPhone Manufacturing | India Business News

India Business News: India is reducing import taxes on several mobile-device components to boost smartphone production. Apple Inc. and other companies are considering India as a global manufacturing base. Prime Minister Narendra Modi’s government announced the lowering of tariffs on components including plastic and metal mechanical parts, SIM sockets, and screws.