ilmscore | EV and Mobile Manufacturing Incentives Predictions
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EV and Mobile Manufacturing Incentives

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The government is incentivizing domestic manufacturing of EVs and mobile phones by reducing customs duty on key components like open cells and critical minerals for batteries, while increasing duty on imported panels. This aims to promote 'Make in India' and a 'China Plus One' strategy.
"they've actually increased the basics custom duty on interactive flat panel display oh wow from 10% ..."
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