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India scraps import duties on electronics and battery inputs to boost local manufacturing

AI Today Summary
India has eliminated import duties on a range of machinery and components used in electronics manufacturing, including lithium-ion battery cell production and certain smartphone parts, to encourage domestic production and reduce reliance on China. This targeted duty exemption, effective immediately and valid until March 2029, aims to lower costs for local manufacturers and has been positively received by electronics manufacturing firms. The policy focuses on specific inputs and equipment rather 

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