India scraps import duties on some parts used to make phones and other devices until March 2029, removing 7.5% and 5% levies, in a move that might help Apple
THE SO WHAT
India cutting 5–7.5% duties on key components through 2029 is a clear invite to deepen local assembly and upstream supply chains. Hardware operators should treat India not just as a final-assembly hub but as a medium-term base for component manufacturing and export.
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