Sunday Edition

Indian makers hail 10% customs duty on mobile phones

IANS

Domestic smartphone players on Saturday hailed the government's decision to impose 10 per cent basic customs duty on cellular mobile phones and specified parts like charger, battery, wire headset, microphone and receiver, keypad and USB cable to protect local manufacturers. “With the custom duty increase on the completely built unit imports of mobile handsets, the Govt has shown its intent to support the ‘Make in India’ initiative. We are thankful to the Govt for this bold step ,” Rajeev Jain of  Intex Technologies, told IANS.