Post-budget 2018 Reaction Mr. Avneet Singh Marwah, Director and CEO of Super Plastronics Pvt. Ltd. (Kodak HD LED TV India)

As I have been reiterating over the last couple of years, the Indian Government should focus on health and education. Finally ,in this budget the government has introduced the World’s biggest health scheme; providing up to 5 Lakhs of medical care ,free, in hospitals. This will certainly go a long way in uplifting the standard of living in India, which is always beneficial for the economy. Apart from this, the Government has focused on infrastructure development, specially housing.

Coming to our industry, that of consumer electronics and manufacturing, the Government is very determined to ensure the success of the Make in India initiative. Therefore we welcome our Finance Minister’s decision to increase custom duty on CBU of television, which is a good sign for boosting the domestic industry. We hope the Finance Minister will also reduce GST on television to 18% subsequently.

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