India doubles STB import duties
February 28, 2013
By Chris Forrester
India’s New Delhi government is to double customs duties on imported set-top boxes in an attempt to promote local production and sales of digital converter boxes.
The new tax is set at 10 per cent, and was outlined by India’s finance minister in his budget speech.
The problem, however, is that India’s local manufacturing scene simply cannot cope with the demand now existing from the nation’s cable operators ahead of planned regional analogue switch-offs scheduled for March 31st.
Other posts by :
- Norway wants a satellite constellation
- Crossroads backs AST SpaceMobile
- FCC examines SpaceX’s 15,000 sat-constellation plan
- EchoStar: “Severe uncertainty” led to spectrum sales
- Netflix gets downgrade on Warner Bros move
- UK trims Orbex investment
- Euro-bank sets up €500m space fund
- Revenue jump forecast for Eutelsat
- Moody’s upgrades Eutelsat’s debt rating
