“A low corporate tax rate will incentivize both global and domestic businesses to establish manufacturing facilities in India by reducing the early startup costs and enabling them to maintain price competitiveness. This would further advance the “Made in India” campaign and encourage businesses to introduce cutting-edge and technological know-how to India, improving productivity and quality. Additionally, it is very important to scale the existing PLI scheme for electronics to encourage Indian manufacturers.”
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Ms. Pallavi Singh, Senior Vice President, Super Plastronics Pvt Ltd, a brand licensee of White Westinghouse.
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