In the Budget FY’26 , the government announced a full Basic Customs Duty (BCD) exemption on zinc, lead, and 12 other critical minerals. This builds on the Budget FY’25 measures, aiming to enhance domestic processing, ensure mineral availability, and create jobs. India imported 151,107 t of lead and 73,947 t of zinc scrap in CY’24, highlighting the need for domestic manufacturing growth.
Budget 2025 Budget FY25 Budget FY26 Budget FY26: Full BCD exemption on zinc and lead to strengthen domestic manufacturing Budget impact on metals Critical minerals domestic manufacturing domestic processing fiscal year 2026 full BCD exemption India lead imports India zinc imports Indian economy Indian manufacturing boost job creation lead scrap imports metal scrap imports mineral availability mineral policy zinc and lead zinc and lead exemption zinc scrap imports
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