Assessment Of The Indian #LED TV Market 2013-2014
The flat panel TV (FPT) market consists of LCD, LED, Plasma, 3D and Smart TVs. The FPT market which is estimated at INR 20,000 crore had been growing at a rate of approximately 20% in the period 2011-2013 as compared with close to 70% 2009-11. The Indian government imposing a duty on flat panel television sets brought in as part of the duty-free baggage allowance of INR 35,000 luggage from abroad, has given a boost to the market in India. The growth rate increased to 80% since September 2013, post imposition of 36% customs duty.
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