Strengthens ‘Make in India’: PM Modi hails India-US trade deal; thanks Trump | India News

Strengthens ‘Make in India’: PM Modi hails India-US trade deal; thanks Trump | India News

NEW DELHI: Prime Minister Narendra Modi on Saturday welcomed the India-US interim trade agreement, calling it a major step towards strengthening economic ties, boosting domestic manufacturing and creating jobs.In a post on X, PM Modi said: “Great news for India and USA! We have agreed on a framework for an Interim Trade Agreement between our…

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'Make in India' boost: Customs duty on some electronics increased to 20%; govt aims to boost locally manufactured goods

‘Make in India’ boost: Customs duty on some electronics increased to 20%; govt aims to boost locally manufactured goods

The Centre on Wednesday revised customs duties on display-related products to support domestic electronics manufacturing and fix the existing duty structure. The Union finance ministry raised the Basic Customs Duty (BCD) on flat panel displays to 20%, while reducing the duty on open cells and key components to 5%. The changes are aimed towards strengthening…

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