Handset makers, distributors wary ahead of GST roll out: IDC

Handset makers and distributors are taking a cautious approach for procuring inventory for ongoing April to June quarter due to expected implementation of goods and services tax (GST) regime, from July 1, 2017, analysts at IDC said Tuesday, while sharing first quarter shipments which grew 14.8% on-year and a surprising 4.7% on-quarter. "Apprehensions on lower tax credit and lack of complete clarit…