WTO ruling on Indian duty, if upheld, could hit local production of mobiles

WTO ruling on Indian duty, if upheld, could hit local production of mobiles

World Trade Organization‘s ruling against India’s import duty imposition on mobile phones and telecommunications equipment has the potential to more than halve the local manufacturing by top Chinese players that are not part of the government’s production-linked incentive scheme, industry experts said. A WTO panel recently ruled that India had violated global trade rules after … Read more