"The impact of the budget can be viewed from two points of views. From the manufacturing perspective it will have no affect but from a trading point there will be a 5-6 percent upsurge in prices.”

The imposition of 12 percent excise duty will establish a seamless CENVAT chain for the computer manufacturing industry and will facilitate local sourcing of components such as monitor, motherboard, keyboard, etc. thus promoting indigenous manufacturing.

“TAIT has strongly urged principals, importers and distributors to draft clear cut policies for direct and channel sales and establish minimum margin markups of at least 10 percent or higher in case of direct end customer sales or advertisements.

“TAIT has strongly urged principals, importers and distributors to draft clear cut policies for direct and channel sales and establish minimum margin markups of at least 10 percent or higher in case of direct end customer sales or advertisements.

“India is a hot topic in Japan. I am quite confident that Indian economy including semiconductor business will grow at a much higher rate than other countries.”