The present government of India has been pro-industry since its inception. With more positive vibes from the present government, the budget would be of utmost important towards industry growth. The IT industry would look ahead towards drop in CV duty which was recently increased by 2%. Semiconductor industry is totally dependent on China and “Make in India” is not possible for these products we expect duty to be dropped to bring positivity in the present slow and dim market.
- Pre-Budget expectation 2015-16 by Mr. Sanchit Vir Gogia, Chief Analyst and Group CEO, Greyhound Research
- Pre-Budget expectation 2015-16 by Mr. Pardeep Jain, Managing Director of Karbonn