Indian Government’s Move to Increase Import Tax on Smartphones Will Negatively Affect Apple<img style="float: left; margin-right: 10px" src="
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In a bid to promote its Make in India initiative and encourage more OEMs to produce and assemble their products locally, the Indian government has hiked the import taxes on mobile phones and other electronic devices. On mobile phones, the import duty has been increased from 10 percent to 15 percent.
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Indian Government’s Move to Increase Import Tax on Smartphones Will Negatively Affect Apple
