Budget 2025: Customs Duty On Touchscreen Displays Hiked To Boost Domes...

The Union Budget 2025 increased the duty on interactive flat-panel displays to 20%, impacting businesses that rely on these products for presentations and communication. The decision is part of the government’s broader strategy to boost local manufacturing and reduce dependency on imports. While this move could increase the cost of interactive displays in India, it also aims to encourage domestic production and the growth of local electronics manufacturers. The government’s focus on import substitution and domestic industry growth is seen as a long-term strategy for economic self-sufficiency.