Import duty hike to drive local handset making

On Saturday, the government proposed increasing the import duty on PCBAs to 20% from 10% and chargers to 20% from 15%, to encourage local manufacturing. This will help increase the local production of PCBAs by more than 100 million and chargers by 50 million units, said the companies for whom these are key inputs.

from Tech-Economic Times https://ift.tt/36YL2Rk