Giving a boost to local manufacturing: Budget 2021 may raise duty on finished goods

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Giving a boost to local manufacturing: Budget 2021 may raise duty on finished goods

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, ET BureauLast Updated: Jan 22, 2021, 08:17 AM IST

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Synopsis

Inputs used in producing chemicals such as methyl alcohol, acetic acid and PVC could see a reduction in tariffs, said people with knowledge of the matter.

India has also launched production-linked incentive (PLI) schemes for many items such as ACs, LEDs, enterprise equipment, switches and routers.

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