Karnataka Large and Medium Industries Minister MB Patil directs officials to prepare a vision document aimed at boosting mobile and electronics manufacturing and design in the state, with the goal of attracting USD 150 billion in investments in the coming years.
'India’s biggest fault line is we are very inward looking, which shows in our merchandise exports,' the ICEA chairman has said
Japanese electronics stores have begun limiting how many hard-disk drives shoppers can buy. Chinese smartphone makers are warning of price increases
Gujral said that cumulative investments of Rs 7,000–10,000 crore across new PCB facilities under ECMS 2.0 could help substitute 25–30% of India’s Rs 40,000-crore annual PCB import bill in the first phase.
A draft Cabinet note has been finalized, and comments have been sought from all relevant ministries.
Scientists discovered a fern that naturally produces rare-earth element crystals. This could provide sustainable mining alternatives for critical materials used in modern electronics.
This is an important development since PCB production in India remains low, with the domestic market estimated at $600 million and nearly 85 percent of demand being met through imports.
Strong industry tailwinds, leadership position, and export potential to support growth
Electronics City Industries Association (ELCIA), Toyota Mobility Foundation (TMF), and WRI India, with support from BMRCL and BMTC, have launched Orbit Wallet RuPay prepaid cards for employees under the STAMP programme
The contract manufacturer’s outlook is bright as its business diversification strategy is working out
High valuation prices in the positives that may take time to fructify
Backward integration, improving wallet share, and new product development will be key growth drivers
Unsurprisingly, exports of electronic goods, unaffected by Trump’s steeper tariffs, grew a massive 50.5 percent on-year to $3.1 billion last month, nearly double the growth registered in August.
Focus on premium products despite weak summer season. Also, revival in kitchen appliances will be a key growth driver
The commerce minister also stated that a trade deal with Qatar could be finalised by mid next year or the third quarter of 2026
Large-screen television sets, water purifiers, dishwashers, washing machines and fashion wear — tier 2 and 3 towns are loading their shopping carts like never before
Prior to this, the Environment Ministry on August 31 also amended the Forest Conservation rules to create an exclusive category for critical and strategic minerals to fast-track forest approvals for such projects.
Syrma SGS will invest of Rs 1,595 crore and the plant will be built in partnership with Korea's Shinhyup Electronics
Most of the partnerships currently being explored are in the electronics components space, where Indian manufacturers are seeking competitive commercial tie-ups with Chinese majors to bring in technology, scale and cost advantages.
The dealers are seeking clarity and therefore avoiding the addition of more inventory to save working capital and the locking of funds in input credit tax
Moneycontrol boarded the first ride on Bengaluru Metro’s Yellow Line, which began commercial operations on August 11, a day after PM Modi inaugurated the corridor connecting the tech hub of Electronics City.
PM Narendra Modi to inaugurateYellow Line connecting RV Road and Bommasandra on August 10. Moneycontrol has accessed the report submitted by the Commissioner of Metro Railway Safety (CMRS), who inspected the line between July 22 and 25.
India levies zero duties on most IT hardware, semiconductors, computers and associated parts, with an average most-favoured nation (MFN) rate of 10.9 percent on electronics and 8.3 percent on computing machinery.
Backward integration, improving wallet share, and new product development will be key growth drivers
Syrma SGS is set to invest Rs 1,800 crore to build India’s largest PCB manufacturing facility. The proposal is expected to go up for approval next week.