Motorola accepts import duty hike on mobile handsets: Says it will lead to more job creation

Motorola willingly accepts import duty hike on mobile handsets

Motorola Mobility India has now willingly accepted the federal government’s choice to hike customs obligation from 10 % to 15 % on cellular handsets.

Motorola willingly accepts import duty hike on mobile handsets

“We welcome the federal government’s choice as it’s going to present additional impetus to the ‘Make in India’ initiative,” Sudhin Mathur, Managing Director, Motorola Mobility India, instructed IANS. “As a model, Motorola’s journey of ‘Make in India’ started three years in the past and we’re properly on our approach to being totally regionally manufactured,” Mathur added.

At the moment, the Lenovo owned model, makes and assembles smartphones at its manufacturing unit in Sriperumbudur close to Chennai by world contract manufacturing associate Flextronics. It appears the hike has affected the corporate not a lot because it achieved Apple. The Cupertino based mostly firm has elevated the costs of virtually all of the iPhones collection in India just lately. The one gadget that has not obtained the value hike is the iPhone SE which is being manufactured in India.

In the meantime, with a mixed market share at 9 %, Lenovo-Motorola grew to become the third high smartphone model in India within the third quarter this 12 months, in response to IDC. And now with the competitors shifting to the retail market, Motorola has realigned its deal with opening “Moto Hubs” within the nation.

Moreover the corporate is planning to open “Moto Hubs” in 250 Poorvika Shops throughout 43 cities in Tamil Nadu, Pondicherry, and Karnataka. The corporate presently has six “Moto Hubs” (with out the partnership) in Delhi-NCR and Mumbai and opened three such shops in Kolkata. Motorola has additionally introduced the first-ever experiential retailer in south India.

“This transfer [on import duty] by the federal government will result in extra job creation and additional improve the manufacturing sector,” Mathur instructed IANS.

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