There will be no appreciable increase in prices, at least for the locally manufactured phones, said Pankaj Mohindroo, Founder and National President of Indian Cellular Association (ICA), the apex body of mobile industry in India.…
“The Government has taken a very balanced approach in Union Budget 2018 with a special focus on strengthening the rural economy, infrastructure development and helping small and medium businesses. Government’s vision to move from black…
"This Union Budget 2018-19 brings in great investments in Railways, healthcare, infrastructure, and smart cities, which will certainly boost the IP surveillance industry market. With all trains to be progressively provided with state-of-the-art amenities like CCTV…
How the industry leaders reacted to the Union Budget 2018: “HMD Global continues its strong emphasis on PM Modi’s Make in India campaign. While the import duties for mobile phones increased to 20%,…
“The increase in the customs duty on imported mobile phones is a great move which will boost the ‘Make in India’ campaign by promoting local manufacturing. The government’s focus on the new digital technologies will…
“The reduction of corporate tax to 25% for the companies below 250 crores, will certainly bring ease of doing business in the economy. The allocation of INR 3073 crore was much expected after government’s emphasis…
“ACE industry welcomes the Budget, particularly the push for local manufacturing of Mobile Phones and Consumer Electronics by increasing Customs Duty on imported products and components, a move that is consistent with the government’s Make-in-India…
The Government of India has decided to hike the Custom Duty on mobile phones from 15% to 20%, to protect the indigenous mobile manufacturers but, at the same time it will also add up to…
