India Brings Old Fashioned Protectionism To Encourage New Technology Manufacturing — Panjiva
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India Brings Old Fashioned Protectionism To Encourage New Technology Manufacturing

China 3047 India 550 Info Tech - Tech Hardware 861 Tariffs 1865

The Indian government is raising import tariffs on a variety of electronics including mobile phones, cameras and televisions to encourage domestic production. It is pursuing similar plans for components too. There has been a pickup in supplies in the past year, though the increase of 6% in the past quarter on a year earlier reflects a 21% slump in mobile phone imports offsetting a 33% surge in video cameras. China will see the biggest hit as it accounts for 69% of total shipments of the products facing increased duties, followed by Malaysia and Germany (both 4%). These tariffs may need t...

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