Stay committed to Make in India, Samsung told

Kolkata: A high-powered committee on electronics set up by the Prime Minister’s Office is said to have expressed concern over Samsung Electronics’ decision to stop manufacturing LED televisions in the country and wants the South Korean company to be committed to the ‘Make in India’ initiative.

Samsung stopped TV production at its Chennai plant in October 2018 after a 5% customs duty was levied on open cell panels, a key component that accounts for 65-70% of the total production cost of a television.

The company started importing TVs from Vietnam through the freetrade agreement route at nil duty.