India widens customs duty relief for lithium-ion cell and electronics machinery, putting Dixon, Exide and peers in focus; track key stocks.
Good news for stocks like Dixon and Exide and other manufacturers using lithium-ion cell. India has expanded customs duty exemptions on a wide range of machinery used in the manufacturing of lithium-ion cells and inductor coil module. The move is aimed at supporting domestic production of electronic devices like smartphones, laptops, wearables and smart TVs.....