jio phone: Reliance Jio says do not import 4G phones

NEW DELHI: Reliance Jio denied allegations that he was trying to evade import duties by borrowing alternative trade routes to ship in his 4G JioPhone phone, saying that he was manufacturing all of these handsets in India.

Jio was responding to allegations from Indian mobile phone companies headed by The Mobile Association (TMA) that claimed that Mukesh Ambani's Reliance Industries did not manufacture the JioPhone locally.

"JioPhone devices are not made in India, and our understanding is that JioPhone devices are all imported from China, and the Telecommunications Service Provider (JIO) is now planning to import large volumes via the Internet. Indonesia to benefit from 0% tariffs, "said Bhupesh Raseen, chairman of the TMA Mobile Advisory Committee.

Raseen added that a decision to ship fully badembled aircraft from China via the country that is part of a block of 10 countries of the Association of Nations of the 39 Southeast Asia (ASEAN) – with whom India has a free trade pact in India program in which local businesses have invested immensely.

India imposes a basic tariff of 20% on fully constructed mobile phones from other markets, such as China.

TMA also plans to meet with Finance Minister Arun Jaitley and senior ministry officials to express this pressing concern.

Earlier this month, Ambani announced that the JioPhone, its basic 4G featurephone model, will be sold for Rs 501 in return for any featurephone starting July 21.

He also announced the update of a JioPhone 2, priced at 2,999 rupees, from August 15. The company aims to bring its base of 25 million users of JioPhone to 100 million.

"JioPhone 2 will be available at an introductory price of Rs 2999 from August 15, 2018, is being manufactured in India.JioPhone is also manufactured locally in India now," said a spokesman for the company. 39; company.

The badociation said that if Jio was allowed to offer a feature feature at a significantly lower price, the activities of mobile vendors like Karbonn, Lava, Jivi Mobiles and nearly 100 other brands would become "uncompetitive and non-competitive." viable overnight. "

It can even force Indian brands, which account for a large part of their revenue from feature film sales, to completely close their manufacturing and sales operations.