As per the Indian Cellular and Electronic Association of India (ICEA), the handset manufacturing industry is staring at a loss close to Rs 150 billion with production coming to a halt amid COVID-19. The production is going to be heavily impacted with Foxconn, Flex, Wistron closing operations amid the three-week nationwide lockdown. These firms together … Continue reading Handset manufacturers stare at a production loss of upto Rs 150 billion amid lockdown; deferring GST filings provides no relief says industry