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'Make in India' boost: Customs duty on some electronics increased to 20%

'Make in India' boost: Customs duty on some electronics increased to 20%

India has boosted domestic electronics manufacturing by revising customs duties. The government increased the duty on flat panel displays to 20% while lowering it on key components to 5%. This move aims to strengthen local production, mirroring the success seen in the smartphone sector, and foster a self-reliant display manufacturing ecosystem.
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