The Indian government has cut import duties on LED/LCD panels used in TVs to 5% from 10%. That comes as India tries to kickstart its currently small domestic manufacturing industry, and follows an increase in the “Make in India” tariff in February that led producers to threaten to cut production of TVs in India. A downturn may already have been in progress – while imports were 21% higher than a year earlier in January, they were 38% below their September peak. In the meantime demand for TVs, projectors and monitors in the country appears robust, with imports in the three months to Januar...