Post Budget Expectations From Mr Nitin Kunkolienker, Vice President, MAIT
"We hail the Union Budget 2016 announcements; IT hardware companies expect prices of devices like modems, routers, set-top-boxes to go down by 8% within a year and about Rs 10,000 crore investment in local production capacities."
"The change in duty structure will encourage manufacturing of consumer premise equipments like modems, routers, digital video recorder, STB for internet, IP camera. We expect investment of about Rs 10,000 crore for their local production. I expect their prices will go down by 8% in first year and by 10% in one-and-a-half year."
