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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Duty Exemption Details
India has removed import duties on key components used in smartphones and electronic devices. This decision aims to lower manufacturing costs and enhance domestic electronics production. The exemption applies to parts for wireless charging modules, display assemblies, lithium-ion cells, and machinery for battery manufacturing. This policy will be in effect until March 31, 2029.
## Impact on Global Manufacturers
The removal of these duties is expected to benefit major electronics companies like Apple, Samsung, and Xiaomi, which have been expanding their manufacturing operations in India. The reduction in import costs could improve production efficiency and bolster India's status as a global electronics manufacturing hub.
## Boost to Local Manufacturing
Experts believe this move will enhance cost competitiveness and encourage local manufacturing of high-value electronics. The exemption for lithium-ion cell manufacturing is anticipated to attract investments in domestic battery production, benefiting sectors such as consumer electronics, smartphones, and electric mobility.
## New Customs Framework
The government has also introduced a technology-neutral exemption for machinery used in lithium-ion battery manufacturing. This change simplifies customs procedures and reduces compliance challenges, potentially encouraging investment in integrated battery production facilities.
## India's Electronics Manufacturing Goals
These duty changes are part of India's broader strategy to expand its electronics manufacturing sector, aiming to reach $500 billion by 2030. Government data indicates significant growth in smartphone production over the past decade, with output reaching ₹5.45 trillion in the 2024-25 financial year. The latest duty exemptions are expected to further support local production and attract investment.
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