Dixon will invest in an assembly line of interactive flat-panel display TVs and parts, and the production will start in collaboration by September this year.
Finance Minister Nirmala Sitharaman, in her Budget speech on Saturday, February 1, increased the Basic Customs Duty on interactive flat panel display to 20% from the earlier rate of 10%.
The government has increased BCD on Interactive Flat Panel Displays (IFPDs) from 10% to 20%, while reducing BCD on Open Cells and related components to 5%.
The Union Budget 2025-26, unveiled by Finance Minister Nirmala Sitharaman, announces reduced customs duties on lifesaving drugs for severe diseases and imported premium vehicles, making them cheaper.