India Raises Flat Panel Customs Duty
Analysis based on 7 articles · First reported Jan 21, 2026 · Last updated Jan 21, 2026
The market is expected to see a short-term price hike for imported high-end panels, but a long-term surge in domestic investment in India's electronics manufacturing sector. Local manufacturers and global OEMs will be pressured to localize supply chains to avoid the 20% penalty on finished goods.
The India — Ministry of Finance (India) has increased the Basic Customs Duty (BCD) on flat panel displays from 10% to 20% and reduced the BCD on open cells and key components to 5%. Additionally, parts of open cells for LCD/LED TVs are now fully exempted from BCD. These measures, announced by Finance Minister Nirmala Sitharaman on X (social network), are part of India's 'Make in India' policy. The goal is to correct an inverted duty structure, promote domestic electronics manufacturing, reduce import dependence, and position India as a global electronics hub, following a successful blueprint from the smartphone sector.
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