New Delhi, July 9: The Government of India has removed import duties on select components used in mobile phones and other electronic devices.
The exemption covers components used in wireless charging modules for mobile phones, displays for medical devices and automobiles, and lithium-ion cells.
It will remain in effect until 31 March 2029.
The duty exemption lowers input costs for electronics manufacturers, including smartphone makers such as Apple and Xiaomi.
The move comes as India seeks to expand its electronics manufacturing sector to USD 500 billion by financial year (FY) 2030.
According to government data, smartphone production in India increased 28-fold over the past decade to Rs 5.45 trillion (USD 57 billion) in FY25.
The move is expected to boost cost competitiveness and localisation of high-value smartphone and electronics manufacturing.
Exemption on lithium-ion cells could encourage investment in domestic battery manufacturing for consumer electronics and electric vehicles. (BVI)
