In an effort to encourage electronics companies to invest in the manufacture sector in India, the central government recently increased import duties from 10% to 15% on a number of products, including, but not limited to, mobile phones, video cameras and televisions. While some companies are expected to absorb the increased cost, others are expected to adjust their prices upwards as a direct result of the tax hike. Apple has now let it be known that it is one of the companies that definitely fal...
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