Mobile phone prices are expected to rise about 3 per cent as the government has imposed 10 per cent duty on the import of displays, industry body ICEA said on Friday.
The duty on display assembly and touch panel was proposed to be applied from October 1 under a phased manufacturing programme (PMP) announced in 2016 in consensus with the industry.
“There will be an impact on mobile phone prices between 1.5 and 3 per cent,” industry body India Cellular and Electronics Association (ICEA) National Chairman Pankaj Mohindroo said in a statement. ICEA members include Apple, Huawei, Xiaomi,
The duty on display assembly and touch panel was proposed to be applied from October 1 under a phased manufacturing programme (PMP) announced in 2016 in consensus with the industry.
“There will be an impact on mobile phone prices between 1.5 and 3 per cent,” industry body India Cellular and Electronics Association (ICEA) National Chairman Pankaj Mohindroo said in a statement. ICEA members include Apple, Huawei, Xiaomi,