India Cuts Customs Duty on Electronics Parts to Boost Local Manufacturing

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The Indian government has announced a reduction in customs duty on electronics components as part of a push to strengthen domestic manufacturing. The move is aimed at making locally produced electronics more competitive by lowering input costs for manufacturers. Among the key sectors set to benefit are makers of display assemblies used in automotive, medical, and industrial equipment. The duty cuts are expected to encourage companies to expand production within India rather than rely on imports.

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