The  Videocon Telecom CEO Arvind Bali has stated on the Goods and Services Tax (GST) which got rolled out on July 1.

He told ANI that "The GST is a blessing to the industry since it will bring in some uniformity in taxation across the country. There can't be anything better that we can expect. States were putting up their own taxations slabs, because of which our distribution channels and traders also indulged in manipulation. With the GST coming in, these will be stories of the past," 

"Most of our investment comes from internal resources and is channelised into marketing, manufacturing and retail. Our network is spread across print and digital media campaigns, and we will be using both online and offline retail modes for sales. However, the product line for the two will vary," said Bali.

"The time has gone for us to take funding from the government. However, we will be supplying to the government and catering to their needs," he added.

"Penetration of fixed line services has been the lowest in India.World over, there still exists fixed line phones. However, India directly migrated to wireless. In the foreseeable future, I think in India too, people would like to have a broadband line to their phones," said Bali.

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