The GST has unified a number of local taxes including excise duty, service tax, and VAT, creating a single market for goods and services in India.Despite some negative and unclear elements, particularly in the short-term, the impact of the GST on the low-voltage drives market is likely to be positive overall.
The Analyst Team
Peter is a research manager in Omdia’s manufacturing technology team. He previously worked as lead analyst on several research areas, including LV drives and LV MCCs.
Prior to joining Omdia, Peter worked in a variety of project management roles within the manufacturing sector, most notably at General Electric. Peter holds a BA (honors) in business management from the University of Derby. He is based in the UK.
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