Hailing the announcements made in the Mini-Budget for the IT sector, Communications and IT Minister Arun Shourie said on Thursday that the incentives would give a big boost to the domestic hardware sector.

"With these announcements most of the demands of the IT hardware industry have been met and it would give great support to the sector," he told newspersons on Thursday.

He, however, said these fiscal incentives are just part of the entire package needed to make India a great manufacturing destination.

"You need good investment climate also for that", he said while adding the latest incentives would go a long way in preparing India to comply with its commitments to bring down duties to zero level by 2005 under the IT agreement.