ELECTRONICS
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ELECTRONICS 
September 20, 2019 Enhancing export-led electronics manufacturing critical: MAIT
There is urgent need for India to evolve an export-led electronics manufacturing strategy that will not only contribute to the GDP but also help realize India’s aspiration to become a $5 trillion economy. Keeping this in mind, the Manufacturers’ Association of Information Technology (MAIT), has released a report titled “Enhancing Export Competitiveness of India’s Electronic […]
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ELECTRONICS 
September 17, 2019 Buy Bharat Electronics; target of Rs 140: Sharekhan
Bags Akash Missile System order worth Rs. 5,357 crore from MoD, GoI, to be delivered in three years. Cumulative order intake for FY2020 till date increases to Rs. 7,342 crore, but it is lower by around 50% against H1FY2019 (owing to LRSAM order intake of Rs. 9,200 crore in Q2FY2019). Robust order book of Rs. […]
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ELECTRONICS 
September 15, 2019 Ravi Shankar Prasad to meet electronics makers to draw investment to India
New Delhi: Union minister for information technology and electronics Ravi Shankar Prasad will meet leaders from smartphone and consumer electronics companies to draw out a roadmap to boost manufacturing in India and make the country an export hub. The day-long meeting on Monday will be attended by at least 50 corporate leaders, including chief executives of […]
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ELECTRONICS 
September 14, 2019 Revamped scheme: Ravi Shankar Prasad to meet electronics firm’s bosses
Communications and IT minister Ravi Shankar Prasad. A revamped scheme in which suppliers to an anchor electronics unit are located close to the mother unit is on the cards. The scheme is an extension of the electronic manufacturing clusters (EMC) scheme, which has now been discontinued with no new applications being sought. The government is […]
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ELECTRONICS 
September 13, 2019 Why Fry’s Electronics hasn’t been restocking goods in multiple stores
Fry’s Electronics recently acknowledged it would shut its store in Palo Alto, California, in January because its lease wasn’t renewed. But stores in other places are running out of goods and don’t appear to be restocking them. It seems like another sign of the retail apocalypse. But a Fry’s spokesman said any rumor of impending shutdowns isn’t true. […]
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ELECTRONICS 
September 8, 2019 Smartphone makers, electronics companies to offer exta margins to retailers: Report
Consumer electronics and smartphone makers will give retailers huge margins during the Diwali-Navratri season to boost sales, according to a report in The Economic Times. Top brands such as Samsung, LG, Sony, Panasonic and Xiaomi have increased the festive season trade margin this year, executives told the publication. Moneycontrol could not independently verify the story. Brands have passed on 4-6 […]
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ELECTRONICS 
September 7, 2019 What are the key reasons behind India’s rising electronic exports?
Amid the gloom in India’s economic data, one bright spot that has emerged is the rising trend in exports of electronics. Total production of electronic goods in value terms more than doubled from $31.2 billion in FY15 to $65.5 billion in FY19, led by mobile phones, shows data from the Reserve Bank of India’s annual report […]
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ELECTRONICS 
September 4, 2019 German Consumer Electronics Brand Telefunken to Enter Indian TV Market
New Delhi: German consumer electronics brand Telefunken will make a foray into the Indian market by this month as it introduces its range of LED TVs. Frankfurt-based Telefunken Licenses GmbH, which owns the trademark rights of the company, will enter India with a local partner. Telefunken is brought in India by Japan-based Toyoichi Tsusho Co, which […]
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ELECTRONICS 
September 3, 2019 LG Electronics India beefing up B2B business
Company exploring entry into solar solutions segment LG Electronics India is putting a lot of emphasis in expanding its B2B and enterprises business with new products and offerings, which contributes around 10 per cent to its overall revenues. The company is looking to expand its B2B business to solar power solutions segment by next year. […]
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ELECTRONICS 
August 31, 2019 Mobile phones manufacturing surges 8-folds in last 5 years; electronics goods production doubles
Mobile phones manufacturing has emerged as a flagship sector under the ‘Make in India’ and ‘Digital India’ initiatives. (Bloomberg image) Production of mobile phone in India has shot up 8-folds in the last five years. India produced mobiles phones worth $ 24.3 billion in 2018-19, which was just $ 3.1 billion in 2014-15, according to […]
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ELECTRONICS 
August 30, 2019 MG Motor announces tie up with Delta Electronics for setting up charging stations
China’s SAIC owned MG Motor India Pvt Ltd on Thursday announced its decision to partner Delta Electronics India for setting up charging stations for electric vehicles in different parts of the country. The announcement comes months ahead of the launch of MG’s upcoming electric sport utility vehicle eZS. “As part of the association, Delta will install AC […]
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ELECTRONICS 
August 27, 2019 Niti Aayog, Electronics Ministry spar over Rs 7,000-crore AI mission
The government’s premier think tank Niti Aayog and the ministry of electronics and IT (MeitY) are sparring over the creation of an artificial intelligence mission, people familiar with the development told ET. In an inter-ministerial meeting held earlier this month, MeitY officials verbally raised concerns over the many “overlaps” between Niti Aayog’s 7,000-crore AI road map, and […]
