Union Budget 2026: Mobile companies seek 'protection' from restrictions imposed by China; why it’s important

Indian mobile companies, citing China's export curbs, are urging the government to slash import duties on components like PCBs and wearables. They seek reduced tariffs on capital goods and machinery for mobile and battery manufacturing to lower production costs and boost domestic capacity. This move aims to enhance India's self-reliance and export competitiveness.

Union Budget 2026: Mobile companies seek 'protection' from restrictions imposed by China; why it’s important
Indian mobile companies, citing China's export curbs, are urging the government to slash import duties on components like PCBs and wearables. They seek reduced tariffs on capital goods and machinery for mobile and battery manufacturing to lower production costs and boost domestic capacity. This move aims to enhance India's self-reliance and export competitiveness.