Import duty cuts make India even more attractive for iPhone manufacturing
AI Summary
India has made iPhone manufacturing more attractive by eliminating import duties on key smartphone components, lowering costs for companies assembling devices in the country. Tim Cook in a previous visit to India — image credit: Apple India on July 9 removed import duties of 5% to 7.5% on several components used to manufacture smartphones and other electronics. Covered parts include wireless charging modules and lithium-ion cells.
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