Monday, September 14, 2026
HomeFundingIn preparation for the Budget, the Indian government has reduced the import...

In preparation for the Budget, the Indian government has reduced the import duty on various components used in smartphone manufacturing from 15% to 10%. 

Published on

This decision aims to address the demands of smartphone companies and industry bodies. 

Components such as battery covers, front covers, main lenses, and GSM antennas are among those affected. 

Additionally, the import duty on inputs used to manufacture these components has been cut to zero.

 The move comes after the India Cellular and Electronics Association (ICEA) called for lower tariffs on components and sub-assemblies to boost smartphone exports. 

According to a report by the ICEA, the country’s high tariffs on inputs hinder growth and limit export potential. 

The report also suggests that mobile phone exports from India could make up 30% of total production in the current fiscal year, but only if the country can compete with China and Vietnam’s competitive tariff regime.

For more information visit at https://happenrecently.com/zepto/?amp=1

Latest articles

From Small-Town Dreams to a Dubai Spotlight: Lansky Mr Miss Mrs India World 2026–2027 Begins India’s Search for New Global Icons

NEW DELHI — September 10, 2026: For thousands of aspiring models and personalities across...

Prof. Dr. Pratik Mungekar Felicitated by DepEd SDO Balanga City for Contribution to Philippine Education

BALANGA CITY, BATAAN — International educator and education innovator Prof. Dr. Pratik Mungekar FRSA...

YANA SPORTS PRESENTS YANA TABLE TENNIS LEAGUE 2026 – BREAST CANCER AWARENESS EDITION12 TEAMS, 96 PLAYERS, 1 MISSION – SMASH FOR CHANGE

3rd & 4th October, Khar Gymkhana, MumbaiMumbai, 6th September 2026 – Just 8 months...

Why an 80% Win Rate Can Still Lose Money: Smart Money Club on the Maths Behind Swing Trading

Ask traders what they want from a strategy and one answer keeps coming up:...

More like this

Cultfit Secures $47 Million Funding: A Big Boost to India’s Fitness Startup Ecosystem

India’s startup ecosystem is witnessing rapid growth, especially in the health and fitness sector....

PackVision Expo to gather industry leaders in Pune

Major FMCG players including Flipkart, Big Basket, Zepto, Suhana, Bisleri, Keya Foods and many...

BEML Approves ₹1,500 Crore BRAHMA Rail Plant in Madhya Pradesh Boost for Make in India

From foundation stone to production: How this boosts Indian Railways and local economyIn a...