The Hindu·3 min read·medium
Govt waives basic customs duty on key inputs for electronics manufacturing
P
PTI
✦AI Summary
The Indian government has waived basic customs duties on key inputs for electronics manufacturing, including lithium-ion cells and display assemblies. This move aims to boost domestic production and reduce import dependence under the PLI scheme.
The government has waived basic customs duty on goods used in the manufacturing of display assemblies, lithium-ion cells and inductor coil modules as it looks to promote domestic production of electronic devices like smartphones, laptops, wearables and smart TVs.
economytechnologybusiness
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