‘Benign duty regime for IT hardware can create 10.5 lakh jobs’

According to the study, average IT hardware products made in India are 15.9 per cent more expensive than similar imported products and this issue can be fixed if the government adopts a similar strategy for the segment as for mobile devices. (PTI) A favourable duty structure for manufacturing of IT hardware in the country can create over 10.5 lakh jobs by 2020, a report from the Manufacturers’ Association for Information Technology (MAIT) today said.
“A favourable duty differential