Here's why your next smartphone may cost more

Smartphones and feature phones sold by Samsung, Apple, Vivo, Xiaomi, Oppo and RealMe will cost more as the government has imposed a 10% import duty on display and touch panels. The move is guided by the Atmanirbhar Bharat campaign as efforts to push manufacturing within the country gather pace. The actual impact of the duty comes at 11% due to an additional cess.

via ©Times Of India