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Test - India Increases Import Tariffs on Electronic Goods
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Post by: test0202@
India has announced a significant import tariff hike on smartphones, laptops, and LED TVs. The change, effective May 10, 2025, aims to boost local manufacturing but may raise consumer costs.
Why this matters
This move reflects India’s continued push toward self-reliance in electronics manufacturing. The higher duties may shift sourcing strategies for major global brands and could lead to downstream price increases for Indian consumers. Trade partners will also assess the impact on bilateral trade flows.
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Thu, 29 May 2025 - 07:16
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