Budget 2025 Focuses on Clean Energy Manufacturing, Halves Solar Module Duty to 20%
The Finance Minister eliminated customs duties on waste and scrap of several critical minerals
February 1, 2025
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Finance Minister Nirmala Sitharaman reaffirmed the government’s commitment to strengthening domestic value addition and enhancing India’s manufacturing ecosystem for solar cells and modules, electric vehicles (EVs), lithium-ion batteries, and high-voltage transmission equipment.