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India's iPhone, smartphone exports to US have 20% tariff edge over China: Industry

Financial Express Lucknow

|

April 14, 2025

EXPORT OF IPHONES, smartphones, tablets, laptops from India to the US will be cheaper by 20% compared to those shipped from China following the exemptions given by the Trump administration, industry body ICEA said on Sunday.

- PRESS TRUST OF INDIA

The US government on Saturday amended its tariff order to exempt smartphones, tablets, laptops, and some other electronic devices from the new taxes.

"China still has 20% (tariff) on iPhones, laptops, tablets, and watches. Only reciprocal tariff has been removed for China. India has zero tariff on iPhones and all smartphones, laptops and tablets exported to the US. Vietnam also has zero tariff on all Samsung and other smartphones, laptops and tablets exported to the US. So India and Vietnam are similarly placed on tariffs on these products and both enjoy a 20 per cent tariff advantage over China," ICEA chairman Pankaj Mohindroo said.

Financial Express Lucknow からのその他のストーリー

Financial Express Lucknow

Delhi govt, pvt offices to enforce 50% WFH due to high pollution

DELHI GOVERNMENT OFFICES and all private establishments in the city will function with 50% staff strength, and the rest will work from home under stage three of the Graded Response Action Plan (GRAP) in view of high air pollution levels, according to an order issued on Monday.

time to read

2 mins

November 25, 2025

Financial Express Lucknow

Data show room exists for rate cut: RBI guv

RESERVE BANK OF INDIA (RBI) Governor Sanjay Malhotra said on Monday that the current economic indicators suggest there is a scope for repo rate cut, but a decision on it will be made by the Monetary Policy Committee (MPC).

time to read

1 min

November 25, 2025

Financial Express Lucknow

S&P pegs India GDP growth at 6.5% in FY26

S&P GLOBAL RATINGS on Monday said India’s economy may expand by 6.5% in the current fiscal and 6.7% in FY27, citing tax relief measures and monetary policy easing as key boosters for consumption-driven growth.

time to read

1 min

November 25, 2025

Financial Express Lucknow

Govt readies reforms push in Parliament

THE CENTRE PLANS to push through a dozen major Bills in the upcoming Winter Session of Parliament to speed up reforms and boost investments.

time to read

1 min

November 25, 2025

Financial Express Lucknow

Air India to induct 26 new planes in 2026, says CEO

AIR INDIA GROUP expects 2026 to be the most visible phase of its ongoing overhaul, even as its overall capacity will remain largely unchanged next year due to a simultaneous induction of new aircraft and exit of older ones.

time to read

1 mins

November 25, 2025

Financial Express Lucknow

Distribution biz augmenting brokerage operations’

Young investors should adopt a long-term investment mindset to build sustainable wealth, CJ George, chairman and managing director at listed-brokerage Geojit Financial Services, tells

time to read

2 mins

November 25, 2025

Financial Express Lucknow

'New labour codes unlikely to disrupt IT sector hiring'

Indian enterprises are navigating a decisive moment in regulation, says Sindhu Gangadharan, MD of SAP Labs India and chairperson of Nasscom. In a conversation with Ayanti Bera, she explains how the new labour codes won't disrupt hiring in the IT sector and how domestic firms have been proactive on data privacy, sovereignty, and are ahead of the curve in adopting AI. Excerpts:

time to read

2 mins

November 25, 2025

Financial Express Lucknow

Colgate steps up premium play as demand rebounds

ORAL CARE MAJOR Colgate-Palmolive India is sharpening its focus on premiumisation as urban markets show early signs of recovery, industry executives in the know said.

time to read

1 mins

November 25, 2025

Financial Express Lucknow

Capex cycle stages strong revival in FY26: CareEdge

INDIA'S CAPITAL EXPENDITURE landscape is witnessing a broad-based revival, with improvements across the public and private sectors, setting the stage for sustained economic momentum in FY26 and beyond, CareEdge Ratings said in a report.

time to read

1 mins

November 25, 2025

Financial Express Lucknow

Honasa bets on core segments

AIMS TO LIFT SALES CONTRIBUTION TO 85-90% & EXPAND EBITDA BY 100 BPS

time to read

1 mins

November 25, 2025

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