Budget 2025: Mobile phone makers seek import duty cuts on key parts

Union Budget 2025: The electronics industry is requesting import duty reductions on mobile phone components and subsidies for product testing in the next budget. They are advocating for a simpler tariff structure and an extension of the 15% corporate tax waiver for manufacturing companies till 2029 to boost the component ecosystem.

Budget 2025: Mobile phone makers seek import duty cuts on key parts
Union Budget 2025: The electronics industry is requesting import duty reductions on mobile phone components and subsidies for product testing in the next budget. They are advocating for a simpler tariff structure and an extension of the 15% corporate tax waiver for manufacturing companies till 2029 to boost the component ecosystem.