Upcoming Budget Expectations – Axis Communications

“With the enhanced focus on smart cities, this year we expect the Government to continue with the momentum on infrastructure and manufacturing, as we firmly believe that good infrastructure is incomplete without surveillance cameras and solutions. Also with government mandating CCTV cameras and solutions in verticals like transportation and retail, the budget should set aside substantial investment, for video surveillance solutions and quality cameras to make India a safer and smarter country.

As the IT industry aspires for a growth oriented budget, we expect the government to simplify tax on niche products like surveillance cameras, especially with the rise of criminal activities in the country.”​