It seems that 2024 is going to be an awesome year for Smartphone lovers as we will be witnessing new implementations and the power of Artificial Intelligence and this year will be very good for the users of the Indian market as well. As today we got a new piece of information that says smartphones will be cheaper in the market of India.
The Indian government has reduced import duty on mobile parts and this will help to boost manufacturing and this will result in value-for-money devices in the market. Import duty on key mobile manufacturing components will be reduced from 15% to 10% by the government of India.
The components affected included screws, SIM sockets, lenses, and antennas among others. The new move is matching with the Make in India initiative which is targeting to boost electronics exports and make India globally competitive.
Furthermore, the revised import duty also covers items like conductive cloth, LCD conductive foam, LCD foam, BT foam, heat dissipation stickers, battery cover stickers, protective films for main lenses, mylar for LCD FPC, film-front flash, and side keys used in mobile phone manufacturing.
So it is really great information for every mobile user of the country and we are looking forward to learn the result after implementing the new rule in the market and you guys are recommended to stick with us for more updates from the world of technology.
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