India Removes Import Duty on Smartphone Parts to Boost Electronics Manufacturing and Lower Production Costs

India has removed import duties on several components used in the manufacturing of smartphones and other electronic devices, a move aimed at strengthening domestic electronics production, reducing manufacturing costs, and attracting additional investments from global technology companies. The policy eliminates existing 7.5 percent and 5 percent import duties on selected components, benefiting manufacturers such as Apple, Xiaomi, Samsung and other electronics producers operating in India.