The import duty hikes on several electronic components crucial to manufacturing mobile phones and their accessories proposed in the Union Budget have caused a “wide spread feeling of disappointment,” the industry body India Cellular & Electronics Association wrote in a letter to the IT Ministry. In fact, in some cases such as mechanics, this could be a “big setback and can collapse the developing mechanics industry vertical,” the association said. The ICEA is an association of electronics companies and smartphone manufacturers and counts Apple, Oppo, Foxconn, and 3M, among others, as its members. The import duty on components used to manufacture Printed Circuit Board Assemblies (PCBAs) has gone up to 2.5% from nil. Parts used to manufacture camera modules will also attract a similar duty. In fact, in some cases such as PCBAs used in manufacturing phone chargers, and camera…
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