Archives
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ELECTRONICS 
April 17, 2020 Electronics firms resume talks with e-retailers to deliver goods from next week
Electronics companies and appliance makers have resumed conversations with third-party online marketplaces to start delivery of mobile phones, laptops, cooling devices next week, after the home ministry paved the way for sales of non-essential goods online. This comes as e-commerce companies now hope to open up inventory across different categories starting 20 April. Several retailers […]
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ELECTRONICS 
March 14, 2020 COVID-19 may further dwindle Chinese electronics goods import to India
China’s share in the import of electronics and IT hardware goods to India have slid below 40% of the total share for the second consecutive fiscal despite clocking over 55% between 2015-16 and 2017-18 and the Covid-19 outbreak in the neighbouring country could further dwindle due to disruption in the supply chain. Track live updates […]
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ELECTRONICS 
January 28, 2020 Budget must review FTAs to push electronics goods sales
“Free Trade Agreements are really hurting the make in India initiatives of Government of India. There is serious need of reviewing these agreements to encourage manufacturing of electronics goods in India. The need for becoming self-sufficient for country like India for its inputs for manufacturing of electronic components in India, instead of importing majority of […]
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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 
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 
May 10, 2019 Govt prohibits imports of non-BIS compliant second-hand electronics, IT goods
Import of second-hand or refurbished electronics and IT goods without registration with the Bureau of Indian Standards (BIS) is prohibited, the government has said. Under the Electronics and IT Goods (Requirement of Compulsory Registration) order 2012, imports of these goods is allowed through the registration with the BIS or on specific exemption letter from the […]
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ELECTRONICS 
December 14, 2017 Electronic products, consumer goods may cost less soon
HIGHLIGHTS CBEC asked the companies to immediately lower prices of shampoos, deodorants and other products on which GST was slashed from 28% to 18% While several companies have already lowered prices, there are others who are yet to pass on the gains Electrical goods and consumer durables may see GST rate cut as they are […]
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ALL DEALS 
October 16, 2016 Amazon Global Store Launched in India for Easy Purchase of Goods From Abroad
Amazon Global Store Launched in India for Easy Purchase of Goods From Abroad HIGHLIGHTS Amazon’s Global Store lets customers buy from sellers abroad hassle-free The ecommerce site manages the customs, delivery & returns of the product Products from a variety of categories available for purchase Amazon India aims to make purchasing of goods sold abroad […]
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NEWS 
August 26, 2016 Madhya Pradesh Assembly ratifies Goods and Services Tax Bill
The Madhya Pradesh Assembly on Wednesday ratified the Constitution Amendment Bill on Goods and Service Tax, reported ANI. Chief Minister Shivraj Singh Chouhan said the Bill will lead to higher gross domestic product and help curb corruption in the country. This comes only a day after Prime Minister Narendra Modi’s home state Gujarat ratified the […]
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ALL DEALS 
March 26, 2016 Quikr launches service for doorstep pickup and delivery of pre-owned goods
Pranay Chulet, Founder, Quikr Quikr launches diagnostic app to boost used mobile salesIndia’s top 5 startup foundersStart-ups take to mergers to surviveQuikr to acquire Commonfloor todayCasa Grande’s investment arm sells analytics portal to Quikr Online classifieds platform Quikr has launched its ‘Quikr Doorstep’ service to offer buyers of pre-owned goods ane-commerce like experience by facilitating […]
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ALL DEALS 
March 4, 2016 Ratan Tata invests in B2B industrial goods start-up Moglix
A file photo of Ratan Tata. Photo: Pradeep Gaur/Mint New Delhi: Moglilabs Pvt. Ltd which runs business-to-business (B2B) industrial products marketplace Moglix on Monday said it has raised an undisclosed amount from Ratan Tata, chairman emeritus of Tata Sons Ltd. The company in October raised a pre-series A round of $1.5 million from venture capital […]
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NEWS 
March 2, 2016 Govt plans start-up center for capital goods sector
Photo: Mint Mumbai: The Indian government has decided to create a ‘start-up centre’ for the capital goods industry and will also launch a technology development fund for the sector. The ministry of heavy industries and public enterprises, on Monday, while announcing national capital goods policy 2016, said it will create a start up centre for […]
