“The world has recognised India’s economy and it is on the right track. We welcome the move to reduce the custom duty on open cells of TV panels cut to 2.5 per cent, thus making smart TV’s an accessible commodity. This move will not only help strengthen the ‘Make In India movement’ but will also empower companies like us who want to ‘Make in India’ for the world and compete with the volatile international panel market. This budget is also a pro-MSME budget. India has jumped in its rank of ease of doing business, and the current provisions to reduce more than 39,000 compliances will further help the cause and enable MSMEs to scale operations.”, said Mr. Saket Gaurav, Chairman and Managing Director of Elista and TeknoDome.
