Tag: GovernmentPolicy ImportDutyCut PhoneComponents Apple Xiaomi TechIndustry
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“Import Duty Reduction to 10% for Select Phone Components Boosts Prospects for Apple and Xiaomi”
The import duty has been reduced on various components such as battery covers, primary camera lenses, rear covers, GSM antennas, and other plastic and metal mechanical items.The Indian government has implemented a reduction in the import duty on certain components used in the production of mobile phones. This move, which lowers the duty from 15…