New Delhi, Sept. 10 -- The recent Goods and Services Tax (GST) reforms are set to provide a significant boost to industries under the Ministry of Electronics and Information Technology (MeitY), particularly consumer electronics and ICT hardware.

The rate reductions aim to improve affordability for consumers, strengthen domestic manufacturing.

The GST on air conditioners, dishwashers, and large-screen televisions (LCD and LED) has been reduced from 28 percent to 18 percent.

Officials expect the cuts to expand household demand and generate stronger backward linkages in components such as compressors, displays, and semiconductors.

MSMEs engaged in plastics, wiring, cooling systems, LED panels, and assembly services are likely to benefit,...