Statement From CEO - MAIT On Pre-Budget Consultation Meeting

Mr. George Paul, Chief Executive Officer, MAIT

"Exports in electronics industry will be highly dampened and have a negative impact on investments in this sector. Electronics exports will be hit hardest without MEIS. Reinstating the MEIS is the need of the hour for continued exports.

Ease of Doing Business continues to remain a challenge with key ground level changes still missing. The area of classification in the electronics industry still needs to be worked on. Circulars and notifications by the government for the industry need to be forward looking and not retrospective for better alignment between the industry and the government to work towards a common vision.

Good coordination between ministries on policy measures is required to ensure quicker resolution of industry issues."

BY : Mr. George Paul, Chief Executive Officer, MAIT