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India lowers tariffs on clean energy, tech, and defense materials to boost domestic production and reduce China reliance.
India has cut customs duties on key inputs like lithium-ion cells, solar glass materials, and critical minerals to boost domestic manufacturing and exports, particularly in clean energy, electronics, and defense.
The move, aimed at countering U.S. tariffs and reducing reliance on China, includes duty-free access for seafood, footwear, and textile inputs; extended exemptions for nuclear and renewable energy projects; and support for rare earth corridors in four states.
In order to increase business efficiency, reforms such as digital customs systems and quicker clearances were implemented, and personal import tariffs were reduced to 10%.
India reduce los aranceles sobre energía limpia, tecnología y materiales de defensa para impulsar la producción doméstica y reducir la dependencia de China.