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ICEA urges India to simplify electronics tariff structure to four levels to boost competitiveness.
The India Cellular and Electronics Association (ICEA) is urging the Indian government to simplify its complex tariff structure for electronics parts ahead of the 2025-2026 budget.
The proposed system would have four tariff levels: 0%, 5%, 10%, and 15%, aiming to boost competitiveness and reduce costs in sectors like mobile phones, TVs, and car displays.
The ICEA argues that the current system hinders global competitiveness and export potential.
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El ICEA insta a la India a simplificar la estructura arancelaria de la electrónica a cuatro niveles para aumentar la competitividad.