Notably, the Basic Customs Duty (BCD) on mobile phones, chargers, and printed circuit board assemblies (PCBAs) has been ...
India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman ...
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India’s electronics production has seen a dramatic rise in recent years, crossing the $115 billion mark in 2024, and with ...
India's automotive sector has grown into the world's third-largest market, driven by consumer demand and government policies ...
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Autocar India on MSNBudget 2025: EV battery, components production incentivisedThe Union Budget is India's annual financial blueprint that steers the nation's economic direction. For the automotive sector ...
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.
Finance minister Nirmala Sitharaman’s removal of customs duties on key electronic components will boost local manufacturing ...
Budget 2025 brings positive news for smartphone and Smart LED TV buyers as Finance Minister Nirmala Sitharaman announces reduced import taxes on key components.
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Industry experts believe this is expected to incentivise the domestic manufacturing sector and that the announcements related ...
The govt is set to revise the BCD rate on electronic goods in line with our Make in India policy and to rectify inverted duty ...
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