New Delhi, April 8 -- The central government is weighing some proposals from consultants and industry veterans to increase domestic manufacturing of electronic components, especially smartphones, according to three people aware of the matter who spoke on condition of anonymity.
Such a move would reduce dependence on imports and help save foreign exchange for the country, these people added, particularly in light of the reciprocal tariffs announced last week by the US administration. Most components for making smartphones, including for Apple's iPhone, are still imported.
One proposal has advised the ministry of electronics and information technology (Meity) to start with deploying warehouses with special import duty privileges to ensure t...