Archives
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ELECTRONICS 
June 2, 2020 India unveils Rs 50,000 crore schemes to attract electronics makers
NEW DELHI: Union Minister Ravi Shankar Prasad, on Tuesday, unveiled the guidelines for electronics manufacturing schemes with an aim to strengthen domestic manufacturing of five global and five Indian mobile phone makers. The three Schemes namely, the Production-Linked Incentive Scheme (PLI), Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) and Modified Electronics […]
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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 
February 11, 2020 After BPCL and Air India, Govt set to privatise Central Electronics
New Delhi: The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100 per cent stake with management control and has invited the Expression of Interest for the same by March 16. The selected bidder will be required to lock in its shares for a […]
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ELECTRONICS 
December 2, 2019 LG Electronics India posts ₹1,534-crore profit in FY19
Total revenues for FY19 stood at ₹15,945.20 crore Consumer durables company LG Electronics India posted a net profit of ₹1,534.50 crore in FY19, clocking 5.52 per cent growth over the previous fiscal. The company, which is a wholly-owned subsidiary of South Korean consumer durables major LG Electronics, had reported a net profit of ₹1,454.20 crore in FY18. Total […]
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ELECTRONICS 
October 14, 2019 MeitY May Provide Extra Benefits To Electronics Manufacturers To Make In India
The ministry of electronics and IT (MeitY) is now looking to increase its next round of incentives to attract new investments from the electronics industry in the country. A media report cited a senior government official as saying that MeitY is looking to push the finance ministry to approve the additional incentives that are meant to attract […]
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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 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 
July 2, 2019 Prasad promises to take Broadband to masses; sees India as export hub for electronics
NEW DELHI: Telecom and IT Minister Ravi Shankar Prasad has said that under Digital India 2, the government would take broadband to the doorsteps in rural India through a policy push and entrepreneurship ecosystem, while highlighting that the government will work proactively to make India an export hub for electronics products. Speaking to reporters on Monday, Prasad urged Indian […]
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ELECTRONICS 
May 15, 2019 India to allow import of second-hand electronics at last; windfall for refurbished phones market?
Phone companies – Apple especially – could soon be posed to take a bigger bite out of India’s growing refurbished phones market, with the Directorate General of Foreign Trade (DGFT) allowing – via a notification on May 7 – the import of refurbished electronic goods, reports ET Prime. The caveat – and it’s a big one […]
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COUPONS 
May 5, 2019 5 upcoming bikes in India 2019: Gixxer 250, Jawa Perak, KTM 390 Adventure and more
We are in the fifth month of 2019 and the year has already seen various new bikes being launched in India. Also, several companies have introduced the updated versions of the already existing bikes. That India is a major auto market is known thing all over the world and most of the bike and car […]
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ELECTRONICS 
April 16, 2019 India Electronics and Semiconductor Association appoints Intel’s Jitendra Chaddah as its Chairman
Industry body India Electronics and Semiconductor Association Monday said it has appointed Jitendra Chaddah as its chairman. Chaddah, Intel India senior director for operations and strategy, has over two decades of industry experience. “I feel extremely honored for taking up the position of IESA chairman at a time when the Indian electronics and semiconductor industry […]
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ELECTRONICS 
March 23, 2019 ‘India needs to emerge as an electronics export hub to attract investments’
NEW DELHI: India needs to emerge and be seen as an electronics export hub to be able to tap into the new opportunities and attract investments from global handset players, a panel of top handset industry executives discussed at ETTelecom’s India Mobile Conclave on Tuesday. The panel which was moderated by IDC’s research director Navkendar Singh emphasized on how […]