As many as 78.7% of Indian mobile phone factories may face closure as a result of tariffs due to be applied by the Indian government later this year, according to the India Cellular and Electronic Association. The ICEA recommends a delay at least until 2020 if the government wants to achieve the domestic manufacturing aims of its “Make in India” tariff policy. Indian imports of telecoms components have begun to decline already with a 16.1% drop in the third quarter compared to a year earlier after a 14.9% rise in the prior three quarters on average. There has been a shift ...