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.
The contract manufacturer’s outlook is bright as its business diversification strategy is working well
The Chennai-based electronics manufacturing services company plans to use for capex as well as acquisitions
Bangalore Metro Rail Corporation Limited (BMRCL) ropes in firm to produce documentary of the Yellow Line ahead of likely inauguration by Prime Minister Narendra Modi in August 2025
The fully elevated 19-km Yellow Line, connecting RV Road and Bommasandra with 16 stations, was originally scheduled for completion in December 2021 but has missed multiple deadlines.
Bengaluru Metro’s 19-km Yellow Line connecting RV Road and Bommasandra was originally scheduled to open in December 2021. MP Tejasvi Surya has called for a protest on July 5.
Bangalore Elevated Tollway officials said that revised rates will come into effect following an annual adjustment based on the WPI, and will remain in effect for a year.
The government has committed around Rs 1.97 lakh crore for various PLI schemes for a period of five years starting 2021-22 to help bring scale and size in key sectors.