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EMS players rally after govt extends customs duty sops
Electronic manufacturing services players' shares rose Thursday after duty concessions were extended. This relief covers machinery for lithium-ion battery and display component manufacturing. The government's move reinforces its commitment to the domestic electronics ecosystem. Shares of Syrma SGS Technology and Dixon Technologies are strong performers. This import duty concession should act as a tailwind for the sector.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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Govt extends duty relief for electronics, lithium-ion battery manufacturing till 2029
Customs duty concessions on electronics manufacturing parts are extended until March 2029. This move supports investments in battery cell manufacturing and advanced electronics…
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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…
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Basic customs duty waiver on key electronic parts will deepen value chain, says IT Secretary
The government has waived basic customs duty on key electronics manufacturing components. This move aims to deepen the value chain and stimulate the domestic component industry.…
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EMS players rally after govt extends customs duty sops
Electronic manufacturing services players' shares rose Thursday after duty concessions were extended. This relief covers machinery for lithium-ion battery and display component…
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India sweetens the deal for global electronics manufacturers
India is expanding electronics manufacturing by offering customs duty concessions on machinery. These incentives aim to attract investment in critical components and advanced…