Import duty hike may hurt TV and phone companies in unorganised sector

Aside from the fact that a host of products like television sets, imported mobile phones and LED lamps are going to become expensive with a hike in their basic customs duty, industry stakeholders are hopeful that the government's move will wash out the unorganised players in the consumer durables goods segment.

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Aside from the fact that a host of products like television sets, imported mobile phones and LED lamps are going to become expensive with a hike in their basic customs duty, industry stakeholders are hopeful that the government's move will wash out the unorganised players in the consumer durables goods segment.