The budget aims to deepen the electronic freight value chain; Capex disappoints the target industry
Budget 2025-26 has emphasized on the backward integration of India’s electronic goods value chains and other capital-guds industries, decreasing basic customs duty on components. The proposals have a decrease in duty on open cells for television panels ranges from 10% -15% to 5% and 2.5% to 0% in parts of open cells. Most of these…