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Import duty on phone components lowered from 15% to 10%

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Content Team
Image Credit: newsbytes

Indian government has slashed import duties on mobile phone components from 15% to 10%. This decision is expected to boost the mobile phone industry, fostering growth and increasing competitiveness in the global market. Components affected by this reduction include battery enclosures, primary lenses, rear covers, and various mechanical parts made from a mix of plastic and metal.