The Indian government has reduced import duties on certain components used in smartphone production to boost the mobile phone manufacturing sector. Items crucial for mobile phone assembly will now have a reduced import duty of 10%, while the duty on inputs for manufacturing these components has been waived. This decision is expected to benefit major players like Apple and Xiaomi, who already have significant manufacturing operations in India. The move aims to make India a prominent smartphone manufacturing hub and has already resulted in a doubling of mobile phone exports from the country.from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/293Xtjd
