Mobile makers seek GST cut from 18% to 5% as demand slows
- India Cellular & Electronics Association ICEA asked the government to cut GST on mobile phones from 18% to 5%.
- Entry-level smartphone prices rose about 35–45% across brands over the past year, squeezing affordability further.
- Phones below ₹10,000 now make up less than 5% of smartphone supply, ICEA said.
- DRAM and NAND chip prices have risen roughly four-fold since September 2025 amid AI demand.
Source: deccanchronicle.com
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