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India Extends Customs Duty Exemption on Capital Goods for Lithium-Ion Cell Manufacturing

STRATEGIC MINERALSENERGY STORAGEBIOFUELS

India's Finance Minister Nirmala Sitharaman announced an extension of customs duty exemptions on capital goods for lithium-ion cell manufacturing to bolster the electric vehicle sector in the Union Budget 2026. The budget also includes measures to exclude the value of biogas in excise duty calculations for CNG and customs duty exemptions for processing critical minerals. Additionally, it outlines plans for an integrated East Coast Industrial Corridor and initiatives for tourism and transportation in northeastern states.

India Extends Customs Duty Exemption on Capital Goods for Lithium-Ion Cell Manufacturing
Feb 1, 2026, 4:53 PM

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