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Govt should not cut import duties on parts used in making smartphones in Budget: GTRI

The GTRI report also said that India's smartphone industry, with exports booming from $ 7.2 billion in 2022 to $13.9 billion in 2023, becomes the top performer for the PLI (production linked incentive) scheme by a wide margin and over 98 per cent of smartphones sold in India are made locally.

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