Speaking at MAIT's Electronics Manufacturing Summit 2019, Electronics and IT Secretary Ajay Prakash Sawhney said there has been a "widening and deepening" of the electronics manufacturing ecosystem in the country.
A plethora of gaming laptops, premium, mid-tier and budget machines were showcased at the Consumer Electronics Show 2019. Here are the top 7 laptops that caught our eye.
Restricting imports is a part of the government’s five-point strategy to arrest the rupee’s slide.
"Hopefully in couple of months we will be coming out with new National National Policy on electronics," Sawhney said at an Assocham event.
"The MoU shall come into effect from date of signature of the parties and shall remain in force for 5 years. The MoU shall be implemented by establishing a working group on IT and electronics composed of representatives of the two parties," an official statement said.
The report pointed out that while demand for electronic products in India is expected to grow at a CAGR (compound annual growth rate) of 41 per cent to reach USD 400 billion by 2020, domestic production is growing at a CAGR of 27 per cent.
Exchange offers on mobiles, televisions and refrigerators are going to attract a goods and services tax (GST) on the original price of the product and the reduction in the newer product will not be considered, reports Mint.
Taiwan's Foxconn, the world's largest contract electronics maker and a key Apple Inc supplier, on Friday reported 30 percent growth in fourth quarter net profit from a year ago, defying expectations for a decline.
"Intex Technologies...is now entering into funding innovative start-ups with the first being Rooter - the world’s first digital platform that connects, engages and helps sports audiences to interact with each other on a real-time basis during an event," an Intex Technologies statement said.
Electronics imports stood at Rs 21,220 crore in the same month a year ago and exports were at Rs 3,526.13, the estimates said.
Electronics companies evaluating to invest in India for manufacturing are confused over government schemes and roadmap meant to boost local production, mobile industry body Indian Cellular Association said today.
The first industrial revolution used water & steam power to mechanise production, the second used electric power to create mass production, the third used electronics and IT to automate production. Now a fourth industrial revolution is building on a digital revolution that is altering every aspect of our lives helping individuals.
Ministry of Finance data showed on Wednesday that exports rose 5.4 percent year-on-year in December, compared with a 1.2 percent annual increase expected by economists in a Reuters poll. It followed an annual 0.4 percent decline in November.
E-commerce major Flipkart today said it saw the highest number of shoppers on its platform coming from the national capital region this year.
"While the scope of the potential investment has not been determined, we will announce the details of any plans following the completion of direct discussions between our leadership and the relevant US officials," it said in a statement.
Flipkart took a jibe at Amazon by saying the numbers didn‘t come by selling memberships or small ticket items such as â€˜hing, churan or besan‘.
The number of new customers increased 5x over last Diwali with 70 percent of the customer acquisition coming in from tier II and tier III geographies.
IESA (India Electronics and Semiconductor Association) president M N Vidyashankar said applications cleared at the Central and state level are worth about Rs 1.5 lakh crore over the last two-and-half years, under various programmes in the ESDM (Electronics System Design and Manufacturing) space.
E-commerce major Snapdeal today said it will flag off the festive season with its 'Unbox Diwali Sale' from October 2, the same day when its larger rival Flipkart will begin its own festive offers.
Electronics major Sony India today said it is still serious about setting up its own manufacturing in India but nothing concrete has materialised so far.
At a time when most companies are relying on an omnichannel presence (across web, mobile and online) for increased visibility, there are market whoppers like Future Group shutting their online operations. Many marketplaces are pulling out cashback offers and discounts. And consumers are slowly rediscovering their neighbourhood malls.
According to the findings, inverted duty structure exists for products like blow-moulding machines, pressure vessels, parts of heat exchangers and nuclear reactors, boilers, their components and the like.
The committee will be headed by the NITI Aayog CEO. The other members in the panel includes officials from commerce and industry ministry and department of electronics and IT among others.
According to a joint report by IESA, Nasscom and Roland Berger, India is the seventh largest (A&D) market globally.
Uttar Pradesh Chief Minister Akhilesh Yadav today said Noida would be developed as a hub of electronics where number of youths will get jobs.