“Either the existing regime will continue or the new regime with GST plus BCD will come in — so either way the industry will not lose out," IT & telecom secretary said.
Experts said government will have to come up with incentives by July 1 to ensure that Make in India remains an attractive proposition for contract manufacturers like Foxconn.
Flipkart claimed that on the first day of its sale, it netted three times the value of what Amazon managed to get from smartphones during its entire sale.
Analysts said unlike the failed Android One system, Android Go doesn’t dictate hardware standards, allowing handset makers to differentiate themselves.
Local manufacturing in Bengaluru is expected to help Apple price its phones more competitively in India as it currently attracts additional duty on imports.
If the court order is implemented, telcos will pay a lower amount of licence fees and spectrum usage charges, to the tune of Rs. 25,000-30,000 crore.
Mukesh Ambani has alleged that Airtel's proposed acquisition of Tikona will cause a massive loss to the exchequer if the spectrum provided is used to make calls.
Chinese incursion in the smartphone space has lead to a shift in market shares.
CCI has directed the director general to probe the role of people in-charge of business at the entities and investigate the persons responsible for the conduct of opposite parties.
In smartphones, online was growing rapidly over the past couple of years, and smartphones were the biggest driver of customers to sites like Flipkart, Snapdeal, Shopclues and Amazon.
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