The government should not cut import duties on electronic components used in making smartphones in the forthcoming Budget as the current tariff structure has already proven successful and changing them could harm local manufacturing, a GTRI report said on Monday.
The Global Trade Research
The Global Trade Research Initiative (GTRI) advised against reducing import duties on electronic components for smartphones in the upcoming budget, emphasizing that the current tariff structure supports local manufacturing. The report contradicts the India Cellular and Electronics Association s demand for duty cuts to boost domestic production.
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