NEW DELHI: Mobile<\/a> handset companies have sought a 10-year tax holiday along with regulatory reforms to focus on exports that can enable the industry to grow by over 11-fold to USD 230 billion by 2025, an ICEA-McKinsey report submitted to the government said. 新德里消息:移动手机公司寻求一个10年的免税期和监管改革关注出口可以使工业到2025年2300亿美元,“碳足迹”增长了11倍,ICEA-McKinsey报告提交给政府说。
\"If India<\/a> extends its ambitions to the export market, it could manufacture around 1,250 million handsets by 2025. This could fire up an industry worth around USD 230 billion and create more than 47 lakh jobs in the process,\" the joint report by Indian Cellular and Electronics Association (ICEA) and McKinsey said.
It said the new jobs can be created in assembly, programming, testing and packaging (APTP) operations, among others.
The demand for mobile devices<\/a> in the domestic market is now tapering and prompting a shift in focus from 'Making in India for India' to 'Making in India for the world', which needs policy support including 10 year tax holiday and reduction of various duties specially on capital goods that are used for mobile manufacturing<\/a>, it said.
Since 2014, around 120 manufacturing units in the mobile manufacturing segment have come up with support of government policy and on the back of strong domestic market demand.
India produced 225 million mobile phones in 2017 worth USD 20 billion, with exports of around USD 0.1 billion, the report said.
\"If India restricts itself to making mobile handsets and components only for India, it would be likely to manufacture only 450 million handsets and employ 18 lakh people for an industry worth around USD 80 billion by 2025,\" the report said.
It recommended change in current policies around taxes, labour laws and e-waste for orientation of industry towards the overseas market and to attract core manufacturing processes of leading global brands.
\"Just in the Apple supplier eco-system over 30 suppliers with annual revenues greater than USD 1 billion have set up manufacturing operations in China. The top 15 component suppliers earned over USD 80 billion in annual revenues in 2016 alone, on a capex investment of around USD 96 billion since 2007,\" the report said.
According to the data, the phased manufacturing program of the government attracted 51 component manufacturing units in 2016 but only 10 units were set up in 2017.
\"Competing countries such as Vietnam<\/a> and China offer a 10 to 15 percent corporate income tax rate for up to 30 years. Therefore, we recommend a 10-year tax holiday on a block of 15 to 20 years on all profits for mobile handset or related component manufacturing, subject to value addition norms,\" the report said.
The recommendations include increasing the import duty drawback rate from the current 1 per cent to 5–6 per cent, easing retrenchment of labour and closing of establishments rules and greater flexibility in working hours.
\n\n
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“如果印度扩展出口市场的野心,它可以生产大约12.5亿到2025年手机。这可能启动一个产业价值约2300亿美元,创造超过47个十万的工作在这个过程中,“联合报道印度细胞和电子协会(ICEA)和麦肯锡说。
据说可以创建新的就业机会在组装、编程、测试和包装(APTP)操作,等等。
自2014年以来,120年左右制造单位在移动制造领域已经提出了支持政府的政策,在强劲的国内市场需求。
印度在2017年生产了2.25亿手机价值200亿美元,出口约01亿美元,该报告说。
“如果印度限制自己只做手机和组件为印度,它只会制造4.5亿手机和雇佣18个十万的人一个行业价值约800亿美元,到2025年,”该报告称。
它建议改变现行政策在税收、劳工法和电子产业向海外市场和定位来吸引全球领先品牌的核心生产过程。
“苹果供应商生态系统30多个供应商的年收入大于10亿美元设立了在中国的制造业务。前15名组件供应商获得超过800亿美元的年收入仅2016年一年,在资本投资约960亿美元自2007年以来,”该报告说。
数据显示,政府的分阶段生产计划吸引2016年51组件制造单元,但只有10单位成立于2017年。
”等国家竞争越南和中国提供10 - 15%企业所得税税率长达30年。因此,我们建议在一块10年免税期15至20年利润在所有手机或相关组件制造、增加价值规范,”该报告说。
建议包括增加进口关税退税税率从当前的1%至每分5 - 6,放松紧缩的劳动力和关闭的机构在工作时间规则和更大的灵活性。
NEW DELHI: Mobile<\/a> handset companies have sought a 10-year tax holiday along with regulatory reforms to focus on exports that can enable the industry to grow by over 11-fold to USD 230 billion by 2025, an ICEA-McKinsey report submitted to the government said.
\"If India<\/a> extends its ambitions to the export market, it could manufacture around 1,250 million handsets by 2025. This could fire up an industry worth around USD 230 billion and create more than 47 lakh jobs in the process,\" the joint report by Indian Cellular and Electronics Association (ICEA) and McKinsey said.
It said the new jobs can be created in assembly, programming, testing and packaging (APTP) operations, among others.
The demand for mobile devices<\/a> in the domestic market is now tapering and prompting a shift in focus from 'Making in India for India' to 'Making in India for the world', which needs policy support including 10 year tax holiday and reduction of various duties specially on capital goods that are used for mobile manufacturing<\/a>, it said.
Since 2014, around 120 manufacturing units in the mobile manufacturing segment have come up with support of government policy and on the back of strong domestic market demand.
India produced 225 million mobile phones in 2017 worth USD 20 billion, with exports of around USD 0.1 billion, the report said.
\"If India restricts itself to making mobile handsets and components only for India, it would be likely to manufacture only 450 million handsets and employ 18 lakh people for an industry worth around USD 80 billion by 2025,\" the report said.
It recommended change in current policies around taxes, labour laws and e-waste for orientation of industry towards the overseas market and to attract core manufacturing processes of leading global brands.
\"Just in the Apple supplier eco-system over 30 suppliers with annual revenues greater than USD 1 billion have set up manufacturing operations in China. The top 15 component suppliers earned over USD 80 billion in annual revenues in 2016 alone, on a capex investment of around USD 96 billion since 2007,\" the report said.
According to the data, the phased manufacturing program of the government attracted 51 component manufacturing units in 2016 but only 10 units were set up in 2017.
\"Competing countries such as Vietnam<\/a> and China offer a 10 to 15 percent corporate income tax rate for up to 30 years. Therefore, we recommend a 10-year tax holiday on a block of 15 to 20 years on all profits for mobile handset or related component manufacturing, subject to value addition norms,\" the report said.
The recommendations include increasing the import duty drawback rate from the current 1 per cent to 5–6 per cent, easing retrenchment of labour and closing of establishments rules and greater flexibility in working hours.
\n\n
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