Import duty waiver on open cell TV panels may be extended

KOLKATA: The government is considering extension of zero duty import of ready-to-use open cell television panels beyond September after leading manufacturers like Samsung and LG reached out to the ministry saying the current norm is an anomaly which would hurt Indian manufacturing.

Open cell panel is the most important component used in TV manufacturing accounting for 65-70% of its production cost. At present, there are no panel manufacturers in India.