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?
