{"id":144067,"date":"2025-02-01T16:03:06","date_gmt":"2025-02-01T10:33:06","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=144067"},"modified":"2025-02-01T16:03:09","modified_gmt":"2025-02-01T10:33:09","slug":"ems-stocks-in-focus-after-announcement-of-duty-adjustments-on-ifpd-and-open-cells","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ems-stocks-in-focus-after-announcement-of-duty-adjustments-on-ifpd-and-open-cells\/","title":{"rendered":"EMS stocks in focus after announcement of Duty Adjustments on IFPD and Open Cells"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1321539837\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The Electronics Goods stocks are in focus after Finance Minister Nirmala Sitharaman announced to Boost the Electronics Manufacturing with Duty Adjustments on Interactive Flat Panel Display (IFPD) and Open Cells and other components.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4234993250\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>In line with the \u2018Make in India\u2019 policy and to address the inverted duty structure, the proposal to increase the Basic Customs Duty (BCD) on Interactive Flat Panel Displays <strong>(IFPD)<\/strong> from <strong>10 <\/strong>percent to <strong>20<\/strong> percent aims to discourage imports and promote domestic manufacturing.&nbsp;<\/p><p>By raising the custom duty on IFPDs, the government seeks to make locally-produced IFPDs more competitive, encouraging domestic businesses to invest in manufacturing these products in India, thereby boosting local industry and reducing reliance on imports.<\/p><p>In this year&#8217;s Budget, to further encourage local manufacturing, the BCD on these parts will now be completely exempt from 2.5 percent to Nil. In the 2023-24 Budget, the government had reduced the Basic Customs Duty (BCD) on parts of Open Cells used in LCD\/LED TVs from 5 percent to 2.5 percent.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3723485850\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>This exemption will make importing these components more affordable, benefiting manufacturers by reducing costs and boosting the production of LCD\/LED TVs in India. It aims to make local production more competitive and support the growth of the domestic electronics industry.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>The stocks to watch out<\/strong><\/h2><h3 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/DIXON\" target=\"_blank\" rel=\"noreferrer noopener\">Dixon Technologies (India) Ltd<\/a><\/strong><\/h3><p>Dixon Technologies is a leading electronics manufacturing services (EMS) company that provides end-to-end solutions in product design, manufacturing, and distribution, including for LCD\/LED TVs.&nbsp;<\/p><p>With the reduction in duties on Open Cells, Dixon will benefit from lower costs in assembling and manufacturing TVs, helping them grow their presence in the Indian electronics market.<\/p><p class=\"has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/PGEL\" target=\"_blank\" rel=\"noreferrer noopener\">PG Electroplast Ltd<\/a><\/strong><\/p><p>PG Electroplast Ltd. is a leading Indian manufacturer of electronic products, specializing in the assembly of LED TVs and other consumer electronics. The company plays a key role in the production of TV panels and Open Cells, which are essential components for LED TV manufacturing.<\/p><p>The above policies will benefit from lower costs in assembling and manufacturing TVs, helping them grow their presence in the Indian electronics market.<\/p><div class=\"trade-content-10\" id=\"trade-3017165046\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h3 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/CELLECOR\" target=\"_blank\" rel=\"noreferrer noopener\">Cellecor Gadgets Ltd<\/a><\/strong><\/h3><p>Cellecor Gadgets Ltd. is an Indian electronics company that primarily focuses on manufacturing and distributing consumer electronics and gadgets. The company offers a range of products including smartphones, televisions, audio systems, and other smart devices.&nbsp;<\/p><p>With the reduction in duties on Open Cells, cellecor will benefit from lower costs in assembling and manufacturing TVs, helping them grow their presence in the Indian electronics market.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J<\/strong><\/p><\/blockquote><p><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.\u00a0\u00a0<\/p><div class=\"trade-after-content\" id=\"trade-2163579470\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The Electronics Goods stocks are in focus after Finance Minister Nirmala Sitharaman announced to Boost the Electronics Manufacturing with Duty Adjustments on Interactive Flat Panel Display (IFPD) and Open Cells and other components. In line with the \u2018Make in India\u2019 policy and to address the inverted duty structure, the proposal to increase the Basic Customs [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":143188,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,3157,2597],"class_list":["post-144067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EMS stocks in focus after announcement of Duty Adjustments on IFPD and Open Cells<\/title>\n<meta name=\"description\" content=\"The 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