Nirmala Citaraman has proposed a complete exemption of crevart powder, waste, lithium -ion battery slap, lead, zinc, and other 12 important minerals. 。
Citaraman also announced that 35 additional capital goods and 28 additional capital property in the production of EV batteries and 28 additional capital.
In the eighth budget speech, Citalaman suggested that “an exempted capital list to add 35 additional capital and 28 additional capital to manufacturing an EV battery and a mobile phone battery production. This improves domestic production of lithium -ion batteries on both mobile phones and electric vehicles.
Change TV tariffs, mobile phone components:
Citalaman has announced that the tariffs of interactive flat panel displays will increase from 10 % to 20 %. However, she stated that the obligation to manufacture open cells on LCD/LED television will be exempted from existing 2.5 %.
The Minister of Finance, such as camera modules, connectors, USB cables, fingerprint readers, raw materials used for manufacturing wired headset, specific parts used in mobile phones, such as raw materials that were previously taxed before. Was exempted from customs duties. This movement may support local manufacturing activities of foreign companies such as Apple and Xiaomi.
Government to set up the natural manufacturing mission of EV cells:
Citaraman has also announced a national manufacturing mission to support domestic manufacturing of solar cells, EV batteries, motors and controllers, electric rizers, wind turbines, high -voltage transmission devices, and grid scale batteries.
“To promote Indian policies, our government will establish a national manufacturing mission that covers small, medium, and large -scale industries. This mission will support policy support for central ministry and states. We provide more maps, governance and monitoring framework. “
