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Can't escape! Want iPhones made in India to dominate the world: India lowers tariffs to improve mobile phone quality

王林
Release: 2024-02-01 10:24:25
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News on February 1st. For India now, the quality of home-made mobile phones is not very good, otherwise Apple would not place only a small part of its orders here.

Obviously, India itself is aware of this problem, so they took action.

Pankaj Mohindroo, chairman of the Indian Mobile Phones and Electronics Association, said that tariffs on plastic and metal mechanical parts, SIM card slots and screws used in mobile phone manufacturing will be reduced from 15% to 10%.

The move is a key and welcome policy intervention by the Indian government to improve the competitiveness of the mobile phone manufacturing industry. Scaling up and relying on low input tariffs are key to transforming India into a global hub for manufacturing and exporting electronics.

Tianfeng Securities analyst Ming-Chi Kuo previously said that the proportion of iPhones produced in India will reach 12% to 14% globally in 2023, and this proportion is expected to increase to 20% to 25% in 2024.

According to Apple’s approach, it is to let more and more people use iPhones made in India, and Chinese users may not be able to escape this curse in the future...

Cant escape! Want iPhones made in India to dominate the world: India lowers tariffs to improve mobile phone quality

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source:mydrivers.com
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