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India to raise import tariffs on electronic and communication items

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Staff Writer | October 12, 2018
India said on Thursday it will raise import tariffs on several electronic items and communication devices, in another move to rein in imports and bolster a falling rupee.
India import tariffs
Asia   The tariff hike was announced late on Thursday
The tariff hike, the second such move by India in a two week span, was announced late on Thursday by New Delhi as it attempts to raise import barriers to curtail the import of goods it deems as “non-essential” items.[break]


It was not immediately clear how much of a tariff increase is being levied on each specific item, but the Indian government listed several items that could be impacted including wearables like smart watches, Voice over Internet Protocol equipment and phones, and ethernet switches, among other items.


 

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