Wearables

Finance Minister Nirmala Sitharaman on Tuesday said customs duty rates are being calibrated to provide a graded rate structure to facilitate domestic manufacturing of products like wearables and electronic smart meters. Presenting the Union Budget 2022-23, Sitharaman said duty concessions are also being given on certain items to enable domestic manufacturing of high-growth electronic goods.
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Budget 2022: Customs Duty Concessions Announced to Boost Domestic Manufacturing of Mobiles, Other Electronics Concessions on custom duty were announced on parts of mobile phones, chargers and other electronics. Finance Minister Nirmala Sitharaman in her Union Budget 2022 speech has announced concessions on the customs duty levied on mobile phone parts and other electronics to
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There still exists a strong divide between smartwatches and traditional mechanical or digital wrist watches. Tech companies such as Apple, Samsung, and Xiaomi have developed feature-filled, capable smartwatches and fitness trackers that are accessible to people the world over, and this has naturally shrunk the market for traditional wristwatches. Few traditional brands have been willing
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