They said capital goods attract zero duty, while parts face duties ranging from 5 to 20%. The industry argued that this structure incentivises companies to import complete machines instead of building them locally.
The industry pointed to recent restrictions by China on capital goods exports. It said dependence on imports creates a strategic vulnerability for India.
The industry has sought rationalisation of duties on parts of capital goods to 0%. It said this would support domestic manufacturing of machinery.
On automotive displays, the industry noted that both finished products and inputs currently attract 15% duty. It said this uniform rate discourages domestic manufacturing of displays.
The industry has requested 15% duty on finished displays and zero duty on inputs. It said this would encourage local production.
For inductor coils used in wireless chargers, the industry highlighted that finished products face 10% duty, while inputs attract 15%. It said this discourages domestic manufacturing of coils.
The industry has sought rationalisation of duties on parts used in inductor coils to promote local manufacturing.
