Mr. Avneet Singh Marwah, Director and CEO of Super Plastronics Pvt. Ltd, a Kodak brand Licensee

Mr. Avneet Singh Marwah, Director and CEO of Super Plastronics Pvt. Ltd, a Kodak

“The Indian government has been very supportive to the TV manufacturing industry and the recent reduction in GST has proven to be a great example. In a move to promote domestic manufacturing, we are expecting FM to reduce customs duty on ‘open cell’ used in the manufacturing of LCD and LED television panels to 0 per cent from the current 5 per cent. As a lot of brands have started importing TVs from ASEAN countries under FTA; major brands have stopped manufacturing televisions in India. This has impacted the Make in India initiative to a larger extent, close to which 1 million TV units have already been imported this year under FTA.”

Filed in: News

Recent Posts

Bookmark and Promote!

© 2019 ItVoice | Online IT Magazine India. All rights reserved.
Powered by IT Voice