Furthering efforts to boost the electronics sector, Sitharaman declared a complete exemption of BCD on parts for Open Cells used in LCD and LED TV manufacturing.
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%.
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.