India removes import duties on some components for making smartphones, in a boost for local production efforts and benefiting companies like Apple and Xiaomi (Shivangi Acharya/Reuters)

Shivangi Acharya / Reuters: India removes import duties on some components for making smartphones, in a boost for local production efforts and benefiting companies like Apple and Xiaomi  —  India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced …

Feb 2, 2025 - 11:04
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India removes import duties on some components for making smartphones, in a boost for local production efforts and benefiting companies like Apple and Xiaomi (Shivangi Acharya/Reuters)

Shivangi Acharya / Reuters:
India removes import duties on some components for making smartphones, in a boost for local production efforts and benefiting companies like Apple and Xiaomi  —  India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced …