New Delhi, Feb. 1 -- Budget 2025-26 has placed emphasis on the backward integration of India's electronic goods value chain and other capital-goods industries with a reduction in basic customs duty on components. Among the proposals are a reduction in the duty on open cells for television panels from 10%-15% to 5% and parts of open cells to from 2.5% to 0%. Most of these panels, which account for 60-65% of the cost of a TV, are currently imported. To encourage faster adoption, the import duty on display panels has been increased from 10% to 20%.

To boost the mobile phones and electric vehicles value chains, the duties on parts used in printed circuit boards, camera modules and various other components of mobile phones have been removed. ...