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Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?
Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on electronics manufacturing machinery and components until 2029. The move is expected to reduce import costs, improve margins, encourage fresh investments and strengthen India's electronics manufacturing ecosystem across batteries, displays and smartphones.
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economictimes.indiatimes.com
Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?
Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on electronics manufacturing machinery and…
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thenextweb.com
India scraps import duties on electronics and battery inputs to boost local manufacturing
India has waived customs duty on machinery and components for making batteries, displays and some smartphone parts, aiming to cut costs for local makers.
