Mobile Phones Import

Nomura pointed out that India is strategically positioned to capitalise on these changes, especially as the US looks to adjust its approach to trade with India, particularly in electronics

A decision on the cuts will be taken by the finance ministry when it finalises the budget, the two people said

Smartphone shipments will achieve a slightly slower decline of 13.7 per cent year over year to total 1.3 billion units this year

The government has increased incentive on exports of mobile phones to 4 per cent under the duty drawback scheme, according to an official notification. The additional ad hoc incentive of 2 per cent under the Merchandise Exports from India Scheme (MIES) will be available for exports of mobiles from January 1 to March 31, 2020, period, the notification by the Directorate General of Foreign Trade said. The increased incentive of 4 per cent or Rs 350 per handset whichever is less from the earlier cap of Rs 197 would help boost exports, industry said. Commenting on the government move, India Cellular & Electronics Association (ICEA) Chairman Pankaj Mohindroo said, "ICEA has been relentlessly pursuing the Government of India to increase or introduce export benefits for the mobile phone industry. The increase in the Duty Drawback Cap has helped make exports more competitive. The All Industry Rate (AIR) of 4 per cent with a cap of Rs 350 is yet another step forward to build India as a ...

The US company insists that its Lightning cable that charges its iPhones is part of a stand for "innovation"

Xiaomi led affordable smartphone segment with 25 per cent share, followed by Samsung with 16 per cent share and Lava with 9 per cent share