Battery Breakthrough: India Slashes Customs Duty to Supercharge EV Manufacturing

Unknown Apr 02, 2026 600 Views

Two standout battery stocks to watch are Exide Industries and Amara Raja Energy & Mobility Ltd. Exide Industries saw a 4% stock price jump, while Amara Raja surged 5.7% after Finance Minister Nirmala Sitharaman announced custom duty exemptions for lithium-ion battery materials. The Budget'...