Import Duty Hike on Telecommunication Products Will Add to Industry’s Financial Woes: COAI
The industry body, COAI, today urged that the hike in import duty on telecommunications products would rest in an overall increase in industry's import costs by about 10%, which will add to the already existing financial woes. However, COAI affirmed that telcos are fully aligned to the interest of the nation. The Cellular Operators' Association of India (COAI) estimates that the industry's imports bill for network equipment stood at about... Read More
