Budget gives ‘Make in India’ a boost: Akshay Dhoot, Videocon

“The Central Government has presented a growth conducive budget. The overall announcements look like a cohesive push for holistic economic growth. We welcome initiatives that will give further boost to ‘Make in India’ in order to make our country a hub of electronic and hi-tech manufacturing. This has been taken care of with announcements like incentivizing local electronic manufacturing up to Rs745 crore by enhancing special policies like Modified Special Incentive Package Scheme (MSIPS) and Electronic Development Fund (EDF). This move would definitely give more sops to domestic mobile handset makers. India is one of the fastest growing mobile markets in the world and it would further get boost from newly formed trade infra export scheme."

Akshay Dhoot, Head, Technology and Innovation, Videocon

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