Duty hike will raise import costs, add to industry's financial woes: COAI
Telecom industry body COAI Friday said the import duty hike on certain communication products will increase industry's import costs by about 10 percent adding to financial woes, but asserted that operators are fully aligned to the interest of the nation.
Import duty has also been hiked on certain inputs used in the communication industry like Printer Circuit Board Assembly (PCBA). Image courtesy: Reuters