Devices > Handset Country Share Blog

50% Tax Raise to Derail Indian Smartphone Market in 2020

by Rajeev Nair | Mar 17, 2020

The Indian government’s decision to raise Goods and Services Tax rates on smartphones from 12% to 18% has the potential to bring the Indian Smartphone growth story to a halt in 2020. Detailed analysis is available here from the Smartphone Country Share Tracker (SCST) Service.

The insight explores why the move is ill-timed?  How much the overall India market likely to contract? Who all stand to be impacted most in the mobile ecosystem? What can be done?

              GST hike in India

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