Consumer electronics – Pre-budget expectation 2023-24
Mr. Satish NS, President, Haier Appliances India
The Union Budget 2023 will play an important role in bringing the white goods sector on track, amidst geopolitical uncertainties and rising inflation. Strategic actions to strengthen the manufacturing in India will be essential to maintain the current trajectory of steady economic growth in the country. The PLI scheme should continue forward which will push ‘Make in India’ ahead. And as we move towards the summer season, we expect some relaxation in GST for air-conditioners from the upcoming Union Budget 2023
