Govt may tighten norms for TV imports to boost India-made television sets
The ministry of electronics and IT (MeitY) has sent such a proposal on embargo of quantum of import per brand to Directorate General of Foreign Trade (DGFT) which is the import license issuing authority. The government has also sought last four year import data from the brands, executives said.
Open cell TV panels to face five percent import duty from October 1, despite industry requests
Government officials said the price increase due to this duty will be insignificant, dismissing claims of substantive price rise being put forth by the industry.
Make in India: DTH company Dish TV to start manufacturing set-top-boxes in India
The company said that the first consignment of ‘made in India’ STBs is already ready and is being shipped, while by the first quarter of the next year, the company will shift almost 50% of production to India. Dish TV offers DTH service under three brands - Dish TV, D2H and Zing. It also runs a video streaming service, Watcho.
Consumers increasingly move to SmartTVs as new manufacturers undercut regular pricing
Xiaomi is looking well poised to similarly grab marketshare in India’s Rs 79,000 crore television market. When Mi TVs (Xiaomi’s consumer brand in India) were launched in India in February 2018, smart TVs accounted for 12–15% of the total market. It is now 50%, according to industry estimates.
TV makers urge Govt to extend zero duty on import of open cells beyond Sept 2020
An industry body representing the likes of Panasonic, LG have written to the finance ministry warning about the flourishing of grey market if open cells (with bonding) and pure cells (without bonding) are taxed differently as both components have the same HS code and cannot be visually differentiated.
Import licence rules upsets TV makers' festive season plans, thousands of imported TVs stuck at ports
About 35% of television sets sold in the country are imported. Industry executives said this has upset the inventory planning of brands for the festive season, while retailers said stocks are running out. There’s a shortage of Samsung, LG and Sony sets of 55 inches and above with no visibility on availability.
A month after restrictions, big brands await licences for premium television imports
Four industry executives said the big global television makers - Samsung, Sony, LG and TCL - had all applied for import licences, but none of them has received a permit yet.
Govt's move to restrict colour TVs imports will boost local manufacturing: Industry body
“The restrictions mandated through the Import licensing regime as per the new GOI notification will stop the unrestricted inflow of finished goods/CBU’s. Imports of CBU’s in 2019-20 crossed Rs 5,000 crores,” ICEA said.
Import restrictions on colour television to give a boost to local manufacturing: Xiaomi
"Currently, over 85% of our Mi TVs sold in India are manufactured in India. We believe that this decision will encourage and give a boost to local manufacturing," a Xiaomi India spokesperson said.
Import curbs on television sets: Companies may take licence route for big-screen models
The government on Tuesday re-introduced import curbs on TV sets and put them on the restricted list for the first time in 20 years with the objective of boosting local manufacturing. Companies will now have to apply for a licence to import TV sets.
Bigger & Better: Sales of large capacity appliances, big screen TVs soar up to 70% in July
Executives with top manufacturers such as LG, Samsung, Sony, Panasonic and Voltas Beko said they expect the trend to continue through the festive season.
Move to give boost to 'Make in India': Govt puts import restrictions on colour television
The curbs are applicable to TV sets included in the ‘other colour’ category that covers LCD TVs among the goods. There is no restriction on monochrome TVs. The total imports under the restricted category in fiscal 2020 were $781 million. Of these, Vietnam and China accounted for $428.37 million and $292.48 million, respectively.
Enough rules for print & TV, govt tells SC in TV programme case
The government told the Supreme Court on Monday that existing regulations for TV and print media were sufficient, and urged the top court to desist from further regulating them as that would end up pushing content to digital media, which it said had huge reach with little accountability.
Reliance, Tatas control 20% of smartphone, electronics retailing; together notch up Rs 50,000 cr sales in FY20
While Reliance Retail grew its consumer electronics retailing business sales by 14% to Rs 44,625 crore in FY20 as per an investor presentation, Tata-owned Infiniti Retail Ltd which owns and runs the Croma chain reported sales of Rs 5173 crore which went up by 11% as reported in Registrar of Companies filings.