Current Affairs 30 July 2026

In short

  • India approves Dixon-Vivo joint venture for smartphone manufacturing
  • India removes import duty on selected electronics and smartphone parts

…and 13 more stories on ECONOMY, POLITY, DIPLOMACY, ENVIRONMENT.

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ECONOMY

India approves Dixon-Vivo joint venture for smartphone manufacturing

The Indian government has approved a joint venture between Dixon Technologies and Vivo Mobile to set up smartphone manufacturing in India. Reuters reported that the clearance was given on Thursday, enabling the companies to move ahead with domestic production plans. The development is significant for India’s electronics manufacturing ecosystem and import-substitution push. It also fits into the broader policy focus on local value addition in mobile devices. The move may support supply-chain diversification and assembly capacity in India. The approval is also notable because it involves a partnership with a Chinese smartphone maker at a time of heightened scrutiny on foreign technology investments.[2]

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Which companies were cleared for a smartphone manufacturing joint venture in India?

ECONOMY

India removes import duty on selected electronics and smartphone parts

India has scrapped import duties on some parts used to manufacture mobile phones and other electronic devices. Reuters reported that the earlier 7.5% and 5% levies were removed in a move likely to reduce production costs. The decision could benefit companies such as Apple and Xiaomi that rely on complex global supply chains. It also supports India’s effort to deepen domestic electronics assembly. The change is relevant for trade policy, manufacturing competitiveness, and consumer-tech supply chains. The step may also be viewed as an industrial-policy measure to attract more device production in India.[2]

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India removed import duty on some parts used mainly for manufacturing which product?

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