Apple set to gain as India scraps import tariffs on key smartphone and electronics parts

In a significant boost to its manufacturing ambitions in India, Apple stands to benefit substantially from the Indian government’s decision to eliminate import tariffs on several critical components used in mobile phones and electronic devices.
The move, announced on Wednesday, removes the existing 7.5% and 5% levies on parts essential for producing wireless charging modules for smartphones, displays for medical devices and automobiles, and lithium-ion cells. The exemptions will remain in