Union Budget 2017-18: Mixed Response from Electrical, Lighting Industries
The domestic electrical and lighting industries have responded in a myriad ways to the Union Budget 2017-18 tabled by Finance Minister Arun Jaitley in the Parliament, on February 1, 2017. While the players foresee several positive triggers emanating from the Budget, their response is equivocal to the proposal of duty cuts on LED input materials.