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IT ministry moots for 10% duty on smartphone circuit board imports

About 134 million smartphones were sold in India last year, the world's second-biggest market after China

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Sankalp Phartiyal & Manoj Kumar | Reuters Mumbai/New Delhi
India is exploring new duties on the import of a key smartphone component, according to two government sources, the latest in a series of moves aimed at boosting domestic manufacturing.
 
India's Ministry of Electronics and Information Technology has mooted a proposal to levy a 10 percent duty on the import of populated printed circuit boards (PCBs), two government officials told Reuters this week, declining to be named as the matter is not public.
 
A PCB is a bed for key components such as processors, memory and wireless chip sets that are the heart of an electronic device. Once