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iPhone to get expensive? India raises import tax on mobile phones

The rise in tax from 10 percent to 15 percent on handsets will make imports of phones - including most of Apple's iPhone models - more expensive

Reuters  |  New Delhi 

India has increased the import tax on dozens of electronic products such as mobile phones and television sets, a government statement said, to help curb supplies from overseas and build up the domestic industry. The rise in tax from 10 percent to 15 percent on handsets will make imports of phones - including most of Apple's iPhone models - more expensive at a time the company's revenue growth is slowing in India's $10 billion smartphone market. Prime Minister Narendra Modi has launched a flagship Make-in-India programme to expand the domestic industrial base, and one ...

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First Published: Tue, December 19 2017. 01:09 IST
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