The Indian government has reduced import duty on smartphone parts, aiming to strengthen the 'Made in India' campaign. This move benefits major players like Apple and Xiaomi and makes India more competitive in the global mobile phone market.
Railways and IT Minister Ashwini Vaishnav on Thursday, 7th of December, 2023 stated that India has emerged a manufacturing major, is moving towards export-driven growth of the economy and is on her way to become the.