Government: In an effort to support mobile phone manufacturing in India in light of the nation’s increased emphasis on exports and its ascent to prominence in international supply chains, the Centre has lowered import duties on parts used in the production of mobile phones from 15% to 10%.
Government slashes import duty for mobile phone components
The Ministry announced in the Gazette Notice that the 10% import duty has been lowered on parts like the battery cover, front cover, middle cover, main lens, back cover, GSM antenna, PU case, SIM socket, screw, and other mechanical plastic and metal items. It also includes LCD foam and a sticker-battery slot.
The decreasing cost of importing necessary parts for manufacturers may result in a decrease in mobile phone prices. Because it will be more economical for businesses, it might also promote domestic manufacturing. This promotes independence and lessens dependency on imports, in line with the government’s “Make in India” strategy.
What did the official say?
Pankaj Mohindroo, Chairman of India Cellular And Electronics Association, said “This is a critical and welcome policy intervention by the Government towards making mobile manufacturing competitive in India. Building scale, riding on low input tariffs, is key to transforming India into a global hub for electronics manufacturing and exports.”
He added, “Electronics has improved from the 9th position a few years ago to India’s 5th largest export in 2024. Mobiles constitute over 52% of electronics exports thanks to the PLI Scheme. This is the first industry to leapfrog out of import substitution to export-led growth within the past eight years. The Government has been an excellent and willing partner in this transformation.”
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER