Business EconomyPosted at: Sep 10 2025 1:21AM


Next-gen GST reforms will drive consumer electronics and ICT hardware growth

New Delhi, Sep 9 ( UNI) The recent next-gen reforms in Goods and Services Tax (GST) are set to boost sectors under the Ministry of Electronics and Information Technology (MeitY), particularly consumer electronics and ICT hardware, an official statement said today.
The official statement said, " The rate reductions will make essential products more affordable for citizens while strengthening domestic manufacturing, supporting MSMEs and start-ups and advancing the goal of Digital India and Aatmanirbhar Bharat."
According to the statement, the reduction in GST on air conditioners, dishwashers and large-screen televisions (LCD and LED) from 28 pc to 18 pc is expected to expand domestic demand while enhancing affordability for households.
This is likely to create stronger backward linkages in components such as compressors, displays and semiconductors and provide new opportunities for MSMEs engaged in plastics, wiring, cooling systems, LED panels and assembly services, says the statement.
"GST on monitors and projectors (non-TV) has been reduced from 28 pc to 18 pc, which will lower costs for educational institutions, offices and digital learning centres. Affordable ICT hardware will directly support the IT sector, the start-up ecosystem and digital education."
"Similarly, the reduction in GST on electric accumulators (non-Li-on, including power banks) from 28 pc to 18 pc will make energy storage solutions more affordable improving access to backup power for digital devices and encouraging the adoption of efficient energy systems in both homes and workplaces," it added.
The reforms also strengthen internal security communication infrastructure. The GST on two-way radios (walkie-talkie) has been brought down from 12 pc to 5 pc, thereby lowering procurement costs for police, paramilitary and defence forces.
"The GST on renewable energy devices and solar photovoltaic cells has been cut from 12 pc to 5 pc, significantly reducing the cost of renewable energy deployment at both household and industrial levels. Composting machines will now attract GST at 5 pc instead of 12 pc encouraging waste-to-energy solutions and composting technologies to further the vision of sustainable and smart cities." the statement said.
These reforms are expected to drive growth across multiple segments of India’s electronics and technology ecosystem. By stimulating demand, reducing costs and creating opportunities for domestic manufacturers and MSMEs, the GST rate cuts will generate employment, support localisation and deepen India’s integration into global value chains. UNI SAS SSP
Please log in to get detailed story.
Tags: #Next-gen GST reforms will drive consumer electronics and ICT hardware growth
More News

Dr Reddy's launches Generic Bosutinib Tablets in US market

13 Jun 2026 | 7:01 PM

Hyderabad, June 13 (UNI) Dr Reddy's Laboratories Ltd on Saturday announced the launch of Bosutinib Tablets 400 mg, a generic equivalent of Bosulif, in the United States, marking its entry as the first generic player in the market for the strength and further expanding its oncology portfolio.

see more..

13 Jun 2026 | 3:00 PM

New Delhi, June 12 (UNI): Retail inflation may have remained below the Reserve Bank of India’s medium-term target of 4 per cent in May, but rising fuel costs, increasing imported inflation and concerns over monsoon progress could push price pressures higher in the coming months, according to a report by SBI Research.

see more..

TADKA on JioHotstar crosses 100 million users

13 Jun 2026 | 10:18 AM

Bengaluru, June 13 (UNI) In a major milestone for India’s evolving digital entertainment landscape, TADKA on JioHotstar has surpassed 100 million users, signaling the mainstream rise of premium micro-content as a distinct entertainment category within the country’s streaming ecosystem.

see more..

Chhattisgarh attracts Rs 9,580 Cr investment proposals at Hyderabad Roadshow

12 Jun 2026 | 11:43 PM

Hyderabad, June 12 (UNI) Chhattisgarh attracted investment proposals worth Rs 9,580 crore across high-growth sectors including data centres, semiconductors and GPU infrastructure, solar energy equipment, textiles, cement, pharmaceuticals and dairy at the state's Investors Connect roadshow held here on Friday.

see more..

Alcoholic Beverage Industry urges Telangana Govt to Clear ₹3,700 Cr dues before Enforcing Early Payment Discount Scheme

12 Jun 2026 | 9:41 PM

Hyderabad, June 12 (UNI) Leading alcoholic beverage industry bodies on Friday urged the Telangana Government to clear more than ₹3,700 crore in pending dues before implementing a new early payment discount mechanism for supplies made to the state-run Telangana State Beverages Corporation Limited (TGBCL).

see more..