Government Cuts Import Duty on Some Phone Parts to 10 Percent in Boost for Apple, Xiaomi

Indian government has cut the import duty on some parts used in making mobile phones to 10 percent from 15 percent, a move benefiting companies like Apple and Xiaomi that manufacture in Asia’s third-largest economy.Indian government has cut the import duty on some parts used in making mobile phones to 10 percent from 15 percent, a move benefiting companies like Apple and Xiaomi that manufacture in Asia’s third-largest economy.