Govt extends duty relief for electronics, lithium-ion battery manufacturing till 2029

New Delhi: The Centre has expanded customs duty concessions on a range of machinery and components used in electronics manufacturing, including lithium-ion batteries, display modules and smartphone components, until March 31, 2029.

The exemption will be implemented with immediate effect.

The move is expected to reduce the cost of importing specialised equipment and parts that are not widely manufactured in India, while supporting investments in battery cell manufacturing, automotive electronics and advanced electronics assembly.