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Reputation: 642,713  •  Sep 19, 2023 2:26 PM
India plans graded customs duties on telecom components to boost domestic manufacturing
India plans graded customs duties on telecom components to boost domestic manufacturing
India is planning to impose customs duties on telecom components in a phased manner to discourage imports and promote domestic manufacturing. The Department of Telecommunications is considering an initial 10% import duty from January, increasing to 15% by October next year. The move is part of the government's Phased Manufacturing Programme, which aims to boost local production and value addition in the telecom sector.
The Economic Times

https://economictimes.indiatimes.com/industry/telecom/ind...
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