Economy · India
Mobile industry requests GST reduction due to weak demand
The Indian mobile phone industry has requested a 13% Goods and Services Tax (GST) cut, citing weak consumer demand and high memory chip prices. The industry body stated that India is now the world's second-largest mobile phone manufacturer by volume and that mobile phones became the country's largest export product in FY 2025-26. This request comes amid challenges faced by the sector.
How outlets across the spectrum covered it
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- Left (1): The Telegraph (India)
- Centre (1): The Hindu BusinessLine