The Indian mobile market is expected to see a massive jump in the coming months as the country gears up for the upcoming financial year.
The government has decided to hike the excise duty on goods from February 1, 2018, and a slew of new products will hit stores in the next few months, including smartphones, tablets, refrigerators, washing machines, and televisions.
However, not all smartphones and tablets are covered by the hike, as the government has also decided to keep some of the existing smartphones and the tablets.
The Indian government has announced that a total of Rs1,000 crore will be spent on introducing new and upgraded smartphones and mobile devices for India, including in areas such as health, education, housing, and rural infrastructure.
The increase in the price of a smartphone and tablet will be capped at Rs4,999 and Rs5,999, respectively, in 2019, while the price for a smartphone will rise to Rs7,999.
In order to attract more investments, the government is also looking to attract the investment of companies in the country to make their products available in India.
The smartphone and tablets, along with the price hike, are part of the Indian government’s effort to bring in more investment in India, and make the country more competitive.
The cost of a new smartphone or tablet, or a refurbished one, can range anywhere from ₹2,000 to ₤5,000.
The cheapest smartphone and a refurbishable smartphone will cost ₨1,500, while a smartphone with a camera and an LCD screen can be priced at ₦2,500.
The price of the refurbished phones will be at the discretion of the vendor, according to a recent statement by the government.
The mobile phone and tablet tax hike has come as a shock to many in the Indian smartphone market.
The smartphone tax has been a controversial move by the Indian Prime Minister Narendra Modi’s government.
Since the beginning of the year, the Indian market has seen a spike in smartphone prices.
The hike has brought the price tag for the average Indian smartphone to ⅓ of its cost, according a recent report by Mint.
The average price for the flagship smartphone in India has gone up from ⅔ to ℹ5.
The rise in the prices of smartphones is not just a consequence of the smartphone tax.
In 2016, India was one of the top smartphone markets in the world, and now the country has one of top 10 smartphone markets globally.
India is expected for a massive increase in smartphone shipments and sales, as there are nearly 1.3 billion smartphones in use.