Flextronics, Sterlite Helped as India Dials Down Equipment Tariffs — Panjiva
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Flextronics, Sterlite Helped as India Dials Down Equipment Tariffs

India 283 Info Tech - Comms Equip 118 Tariffs 1169

The Indian government has cut tariffs on 35 products used to manufacturer mobile phones to zero from as much as 10% as part of the “Make in India” industrial policy. The reductions come as imports of the machinery involved have climbed 6% to $2.5 billion in the 12 months to June 30 vs. a year earlier. The largest direct importers in the electronics sector include phone manufacturers Sterlite and Flextronics though capital goods makers that build the equipment as well as non-telecoms electronics makers could also be helped. Cutting, rather than raising, duties could also help with trade n...

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