Govt extends li-ion battery input duty exemption to 2029, boosting RIL, Exide, Amara Raja
Customs duty exemptions on lithium-ion battery manufacturing inputs are extended until March 31, 2029, aiding Reliance's Jamnagar BESS giga-factory targeting 40 GWh initial and 120 GWh eventual capacity. RIL (mcap Rs 17.26 lakh crore), Exide and Amara Raja shares in focus on the clean-energy push.
Government extended customs duty exemptions on lithium-ion battery manufacturing inputs until 2029, benefiting Reliance's Jamnagar BESS giga-factory. RIL, Exide and Amara Raja shares in focus. Reliance parent-level capital and clean-energy push underpins its broader consumer/retail surface.
Why this matters
The duty extension follows Reliance's clean-energy and manufacturing expansion narrative, alongside its Jio DRHP filing where brokerages flagged up to 28% upside and retail eyed manufacturing and exports.
Retail-company signals accelerating at +673500% QoQ.