Videocon’s expectation from Budget 2017


Mr. Akshay Dhoot, Head, Technology & Innovation, Videocon expressing company’s expectations and opinion on upcoming Union Budget 2017, said,

The smartphone sector is eagerly awaiting for a consumer friendly budget which will promote positive sentiment among the people and will help to further strengthen the economy. We believe that upcoming budget should address and encourage alternative ways for payments especially cashless transactions and offer additional benefits on digital payments. Further, we expect differential duty on mobiles to continue as it has helped the Make in India. Videocon believes that the government will announce a budget that will favor local manufacturing and support Government’s Make in India and Startup India campaigns.