Mobile firms seek 10-yr tax holiday, regulatory reforms to grow 11-fold to USD 230 bn
The demand for mobile devices in the domestic market is now tapering and prompting a shift in focus from 'Making in India for India' to 'Making in India for the world', which needs policy support including 10 year tax holiday and reduction of various duties specially on capital goods that are used for mobile manufacturing, it said.
The demand for mobile devices in the domestic market is now tapering and prompting a shift in focus from 'Making in India for India' to 'Making in India for the world', Image source: Pixabay