According to the association, although these components account for a small share of the bill of materials, higher duties increase overall production costs and reduce India's global competitiveness. Aligning duties with other sub-assemblies would support scale, discourage arbitrage, and e
Gurugram (Haryana) [India], October 27: India's 1st indigenously designed and manufactured Laptops, were launched at the India Mobile Congress (IMC) 2025 by Vyonix. Designed, engineered, and manufactured entirely in India for Vyonix by VVDN Technologies, a global provider of software, produc
In her budget speech in Parliament today, Finance Minister Nirmala Sitharaman said that the budget proposals for customs duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation while keeping the interests of the gene
Sunjay J Kapur, President, ACMA, said, "The Budget is a blueprint of a digitally-enabled Aatmanirbhar Bharat, coupled with measures that will drive sustainable yet inclusive growth at a rapid pace. Focus on exports, manufacturing, local value addition and encouraging green energy and mobilit
New Delhi [India], February 24 (ANI): Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Thursday, said that the industry has responded well to the multiple interventions by the Government to enhance Local Value Addition whic