The country’s largest mobile component producer Samsung India is preparing to begin production of key components like display screens, touch panels and vibrator motors from FY2020-21. The move is significant as it comes after the government backtracked on its plan to impose Customs duty on those pricier components from February 1, 2019.
According to sources, the withdrawal of the February 1 deadline came as a breather for the company that had in the past one and a half years struggled to improve its share in the local smartphone market. After it lost the top slot to Xiaomi in September 2017,