India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman ...
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In her Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced significant reductions in import duties for ...
Finance minister Nirmala Sitharaman’s removal of customs duties on key electronic components will boost local manufacturing ...
A section of manufacturers sees the budget announcement as a big boost, but others say the relief will only benefit specific ...
In the Union Budget 2025, Nirmala Sitharaman announced a reduction in the price of Smart LED TVs and smartphones, boosting ...
Notably, the Basic Customs Duty (BCD) on mobile phones, chargers, and printed circuit board assemblies (PCBAs) has been ...
The government has increased BCD on Interactive Flat Panel Displays (IFPDs) from 10% to 20%, while reducing BCD on Open Cells and related components to 5%.
Indian tariffs on electronics components can be as high as 20%, about 5%-6% more than countries such as China and Malaysia, according to Niti Aayog.
India scraps 2.5% duty on smartphone components to boost exports, with industry welcoming the move for cost competitiveness.
Budget 2025: Customs Duties For Li-Ion Battery Production Components To Be Cut - EVs To Get Cheaper?
In the Union Budget 2025, the Indian Government today exempted customs duties on lithium-ion battery scrap and 35 capital ...
India’s electronics production has seen a dramatic rise in recent years, crossing the $115 billion mark in 2024, and with ...
Certain iPhone components including iPhone circuit boards will no longer face import taxes in India as the country positions ...
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