Mr. Arjun Bajaj, Director – Videotex
“We welcome the government’s decision to reduce GST on TVs from 28% to 18%, a long-standing demand of the industry. This move will not only boost sales but also encourage consumers to upgrade to larger screen sizes. With tax cuts on other items as well, disposable incomes are set to rise, enhancing buying power and supporting overall economic growth. Announced during the festive season, the step is especially impactful as it makes advanced home entertainment more accessible. We foresee a clear shift in demand from 32-inch models to popular sizes like 40, 43, and 55 inches—expanding the market and improving consumer lifestyle”
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