Make in India: Challenges & Prospects

Mobile phones made in India almost double

  1. News: The number of mobile phones made in India in the current financial year doubled year-on-year to 11 crore
  2. Reason: The previous budget had rationalized the duty structure, which led to setting up of 16 new mobile units
  3. Budget: It has proposed 2% special additional duty on components like printed circuit boards and peripherals such as batteries and chargers
  4. Impact: It is likely to make phones and tablets made in India costlier
  • Subscribe

    Do not miss important study material

Leave a Reply

Please Login to comment
Notify of