Auto Sector Budget 2026: Customs duty exemption on li-ion batteries to aid EV infra creation
The Union Budget 2026-27 extends customs duty exemptions on capital goods for lithium-ion battery manufacturing, fostering a robust EV ecosystem. Increased capital expenditure and support for e-buses and rare earth corridors are expected to boost domestic production and green mobility initiatives.
The Union Budget 2026-27 extends customs duty exemptions on capital goods for lithium-ion battery manufacturing, fostering a robust EV ecosystem. Increased capital expenditure and support for e-buses and rare earth corridors are expected to boost domestic production and green mobility initiatives.
