Bigger India

India Raises Tariffs on Electronics to Curb Imports

India’s electronics imports grew about 31 percent to $29.8 billion during April to October from a year earlier, the steepest increase after shipments of ores and gems. While the latter feed into reexports, mobile phones and TVs are for domestic consumption and account for 12 percent of total imports, contributing to a widening current account deficit.

Read it at Business Week

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