Electronics Industry Urges Budget 2026 for Duty Overhaul, Tariff Fixes

• The electronics manufacturing industry seeks tariff corrections and regulatory ease in Budget 2026-27 to boost India's global hub ambition.
• ICEA proposes rationalizing Basic Customs Duty (BCD) on mobile components, wearables, display assemblies, and capital goods.
• Key recommendations include reducing duty on finished wearables (20% to 15%) and mechanical parts (15% to 10%) to align with tariff roadmap.
• The industry highlights inverted duty structure on display assemblies and advanced components, urging zero duty on inputs for domestic value addition.
• ICEA also calls for uniform customs classification, MOOWR scheme reforms, and reduced import duties on handset sub-assemblies to enhance competitiveness.

Why It Matters: Electronics industry demands Budget 2026 reforms to fix tariff distortions and ease regulations for growth.