TV sales in Qatar dip by 75 % due to curbs on Indian import


Dubai, Sep 10, 2013 (PTI): India's decision last month to impose import duty on flat television panels, one of the measures the government adopted to arrest the steep fall of rupee, has led to a sharp decline in the number of Indians in Qatar carrying TV sets home, according to a report.

As India has been discouraging people from importing goods, especially gold and TV sets, to control capital outflows, this has had a bearing on the businesses of local suppliers in faraway Qatar, the Peninsula said.

"We have noticed a steep fall in the number of Indians travelling home with flat screen TVs, due to the recent customs levy on TV imports," Country Manager-Qatar, Jet Airways, Anil Srinivasan, was quoted by the newspaper as saying.

According to Srinivasan, the number has declined by 75 per cent after India placed a ban on their duty-free imports.

A similar trend has been reported from the UAE in recent weeks. It was reported last month that the Indian government's decision to impose customs duty on flat television panels was likely to have an impact in the UAE with the electronics retailers bracing for a 20 per cent decline in sales.

According to official estimates, more than one million television sets were imported to India last year, with UAE, Thailand, Singapore, Qatar and other Gulf states as the primary source destinations.

"Sales have gone down by 20 to 25 per cent. Some, who bought the products earlier, even came to return them after learning about the recently announced 35 per cent custom duties," Shaijan M O, LuLu Regional Manager-Qatar, said.

  

Top Stories

Comment on this article

  • JN, Bejai

    Sat, Sep 14 2013

    Now TV prices are coming down in Middle east, buy and keep them this year before prices going up.
    You can take it to India after next years budget....
    I too purchases one 42 inch for Aed:400/- discounted price.

    DisAgree [1] Agree [1] Reply Report Abuse

  • R Mallar, Kasragaod/ Dubai

    Wed, Sep 11 2013

    When NRIs buy TV sets from abraod with money earned abroad, how India's forex is saved - is a conundrum to me!.
    Like Gold, TV sets will arrive to India from China via Nepal. That goes for revival of economy!!.

    Joel - I presume you don't bring anything from Sydney for your family/ frineds in India - you must be buying them in India to revive Indian economy!!!

    DisAgree [4] Agree [10] Reply Report Abuse

  • Aubb, Kuwait

    Wed, Sep 11 2013

    @R Maller,
    the only solution is to curb corruption, black money, improve infrastructure, energy efficiency, FDI, and educate the people in handling resources wisely.

    Chidambaram still has a brain of a little baby.

    DisAgree [6] Agree [6] Reply Report Abuse

  • Joel, Sydney/ Mangalore

    Wed, Sep 11 2013

    Excellent news..I have seen people who come from Gulf carrying TV's and all as if they dont get it in India. Its better to buy stuff in India and secure the Indian economy rather than buying it from overseas..

    DisAgree [19] Agree [18] Reply Report Abuse

  • IRSHAD JAILOR, Ajman/Mangalore

    Wed, Sep 11 2013

    bro its very cheep here no tax no vat Rs 40,000 tv we Get In 25,000 only .... so we buy from gulf ,,, you too have done same thing.. don't blame people for it...

    DisAgree [5] Agree [17] Reply Report Abuse

  • jessy, abudhabi

    Sat, Sep 14 2013

    Joel because you are not working in gulf your stomach is upset?

    DisAgree [1] Agree [1] Reply Report Abuse

  • Sathish Shetty, Mangalore

    Tue, Sep 10 2013

    Customs fee is increased by 500 to 4000. No loss

    DisAgree [3] Agree Reply Report Abuse


Leave a Comment

Title: TV sales in Qatar dip by 75 % due to curbs on Indian import



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.