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हिंदी में पढ़ें —JantaScope हिंदी
Finance

Government Waives Import Duty on Battery, Display Assembly Inputs to Boost Electronics Manufacturing

The Central Government has announced the removal of import duties on select components used in manufacturing batteries and display assemblies. The move aims to strengthen domestic electronics production, reduce manufacturing costs, and support India's 'Make in India' initiative.

Government Waives Import Duty on Battery, Display Assembly Inputs to Boost Electronics Manufacturing
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By Aditi Vishwakarma

Source: Janta Scope

The Government of India has waived import duties on several key inputs used in the manufacturing of batteries and display assemblies, providing a significant boost to the country's electronics manufacturing sector.

The decision is expected to lower production costs for manufacturers of smartphones, laptops, tablets, electric vehicles, and other electronic devices that rely on imported components. Industry experts believe the measure will improve the competitiveness of Indian manufacturers while encouraging greater domestic value addition.

The duty exemption aligns with the government's broader strategy to expand local manufacturing under the 'Make in India' initiative and position India as a global electronics production hub. It is also expected to attract fresh investments into the electronics supply chain and support job creation in the sector.

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