Tuesday, June 30, 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

The Silent Chanakya: Beyond Military Power—Why Strategic Patience Is India’s Greatest Global Advantage

In international politics, strength is often measured by visible indicators—military capabilities, economic power or...

Canada Based Global Star Sangita Konar Red Carpet looks like Akshay Kumar HouseFull Movie5 LaalPari song

Toronto, Canada: Canada-based actress, supermodel, and beauty queen Sangita Konar is gaining attention for...

Astrology, Vastu and Environmental Energy: A Modern Perspective by Vastu Vid Rahul Parse

Mumbai, India – The relationship between Astrology, Vastu Shastra, and modern scientific understanding is...

Rajveer Singh wraps Filming of ‘The Other Side of Team Blue’ highlights Wheelchair Cricket.

Mumbai: After weeks of relentless effort, extreme weather conditions, and countless hours on the...

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...