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WIPRO CHIEF CALLS FOR HALVING OF INDIAN EXCISE DUTY ON HARDWARE.
BANGALORE, July 2 Asia Pulse - Suggesting that India emulate China and Israel, chairman of Wipro Limited Azim H Premji said the centre should bring down the excise duty on hardware from 16 per cent to eight per cent and the sales tax to zero to give a boost to the sector.
Addressing a national symposium on challenges and opportunities in IT products here Thursday, Premji emphasised that to achieve the Prime Minister's dream of India becoming an IT superpower, IT needs to have both components -- hardware and software.
In his key-note address at the symposium, organised by the Manufacturers Association of Information Technology companies (MAIT), he pointed out that an estimated hardware requirement worth 50 billion US ...
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