Budget prioritises building clean energy value chain with BCD exemptions, rare earths corridor
In Budget 2026, the government prioritised building a clean energy value chain, introducing BCD exemptions on key imports like Lithium-Ion cell capital goods and solar glass materials. Dedicated rare earth corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu aim to boost mining, processing, research, and manufacturing for renewables, storage, and electric mobility.