Current Updates

 Finance ministry says it will be 'interim' budget, rejects confusion

Amid speculation over the shape of the Narendra Modi government’s last Budget before the Lok Sabha polls, the finance ministry on Wednesday clarified that it will be called ‘Interim Budget 2019-20’. “This Budg...

Foxconn awaiting Rs 1,000 crore GST refund

Foxconn, the world’s largest contract manufacturer, has flagged its concerns to the government over delays in refunds of about Rs 1,000 crore under the goods and services tax regime, saying one of its key India unit...

Will India's new FDI e-commerce policy save the brick-and-mortar retailers

Concerned about the impact of online shopping on their business, brick-and-mortar retailers in India had long been lobbying the government to tighten rules on e-commerce giants in India. Traditional retailers like Pra...

Budget 2019: ELCINA's key suggestions for Finance Minister for electronics sector

To get their expectations fulfilled in upcoming interim Budget 2019, the Electronic Industries Association of India (ELCINA) recommended high focus on promoting investments in electronic component manufacturing and in...

New duties on imported electronic components may be postponed

The government may put on hold its recent notification advancing the date of levying duties on imported electronic components under a Make In India plan after handset makers with domestic manufacturing and assembling ...

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Spec-packed budget phone Samsung Galaxy M to hit India in Feb

Samsung Electronics Co will launch spec-packed budget smartphone series Galaxy M in India for the first time in the world in efforts to keep lead in the world’s fastest growing smartphone market against threatening ...

Handset body demands a special package for Indian companies

India's top handset body has called on the government to create a special package to help revive local handset makers who have been pushed to the fringes of the market dominated by Chinese players besides Samsung on o...

Pegatron planning expansion outside of China as Apple looks to make flagship iPhones in India

Following Foxconn’s decision to expand its reach beyond China, Apple’s other contract manufacturer now plans to do the same. The Financial Times reports this morning that Pegatron will build ...

Xiaomi ShareSave E-Commerce Platform Launched In India To Enable Ordering Products From China

Xiaomi, the Chinese mobile and electronics manufacturing behemoth, has launched its own e-commerce platform ShareSave in India. It will feature as an app on the Google Playstore and enable Android users from India to ...

Handset body demands a special package for Indian companies

India's top handset body has called on the government to create a special package to help revive local handset makers who have been pushed to the fringes of the market dominated by Chinese players besides Samsung on o...

Smartphone makers seek export incentives to grow India production

Smartphone makers in India are calling for export credits on devices and tariff cuts on machinery imports as part of measures they say will make Asia's third-biggest economy a global smartphone manufacturing hub. ...

Bihar Government Reaches Out To Electronics, Telecom Firms For Skilling, Employing States Youth

The Bihar government reached out to electronics and telecom companies and industry bodies for skilling of youths of the state and providing them employment opportunities. “We have been running ”recruit, train and ...

Foxconn to assemble top-end Apple iPhones in India

Taiwanese contract manufacturer Foxconn will invest well over $350 million (Rs 2,500 crore) to have new production lines to manufacture certain iPhone models in its factory in Sriperumbudur near Chennai in Tamil Nadu,...

Samsung reports increase in revenue as profits fall in India

South Korean smartphone and electronics giant Samsung has just revealed information about the performance of the company as part of its Regulatory filings to the Registrar of Companies (RoC). As part of the ...

RJio creates two subsidiaries for fibre, towers

Reliance Jio Infocomm (RJio), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), is craving out its fibre and tower assets into two separate companies that will provide it the flexibility to lease out the ass...

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UP CM Yogi Adityanath kick-starts electronics production cluster in Greater Noida

Tegna Electronics Pvt Ltd, an SPV of Taiwan Electrical and Electronics Manufacturers' Association in association with Chinese mobile player Oppo will set up a greenfield electronics manufacturing cluster in Greater No...

E-comm talks : India must stand Firm

Despite the freezing weather at Davos, recent developments in this Swiss town have turned the heat on India. In a show of strength, on the last day of the annual World Economic Forum meeting, nearly 70 countries, incl...

A Boost For Fabless Chip Design in India

There was a lot of excitement when the National Policy on Electronics was announced in 2012. However, in the six years that it has been in existence, it has not proven to be very effective in its aim of stemming the o...

Electronics import duty working in India’s favour! Dec trade deficit falls to 10-month low, thanks to this

Import of electronics -- India’s second highest value import item -- shrank 5% in December, helping bring overall import bill down by 2.4% on-year in the month. This, in turn, coupled by an uptick of 0.4% in exports...

This software startup is the first in India to jump onto shopping deals space

It is not usual for a hardcore business-to-business software-as-a-service (SaaS) startup in India to enter into something very typical of business-to-consumer (B2C) space – deals and coupons for onl...

India: Restrictions On E-Retailers - Government Tightens Norms

The Ministry of Commerce & Industry has, by way of the Press Note 2 (2018 Series) dated 26th December 2018 (Press Note), issued revised norms vis-à-vis foreign direct investment in e-commerce entities. While the ...

Over 33.5 lakh people trained in electronics, IT, ITeS in 4 years: Ahluwalia

Over 33.5 lakh people have been provided skill training in electronics, IT and IT-enabled services sectors between 2014-15 and 2017-18, Parliament was informed Wednesday. These people were provided trai...

Panasonic India slips back into red in FY18 Electronics

French company to provide Supercomputers worth Rs 4,500 crore  : For taking forward India’s Digital initiatives, India and France on Saturday inked a Rs 4,500 crore three year contract for getting supercomputer...

Panasonic India slips back into red in FY18 Electronics

HP; Gearing up for growth: With the PC market in urban centres offering limited room for growth, HP India is looking for greener pastures. It is aiming for growth from the gaming sub-category as well as the relatively...

Panasonic India slips back into red in FY18

Japan’s top electronics maker Panasonic NSE 6.63 % India lapsed back into losses in FY18, after clocking its maiden profit a year ago, with revenue too dipping last fiscal, as per latest regulatory disclosures. Pana...

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Hyundai Electronics enters India with consumer durables

South Korea-based Hyundai Electronics has ventured into the Indian consumer durables market with electronic products and home appliances. “Hyundai Corporation has ventured into the Indian market with a wide range of...

Samsung, LG rejig top deck to take on online brands, rivals

Korean consumer electronics firms Samsung and LG have rejigged their senior management teams in India even as they look to defend their turf against increased competition in smartphones and televisions from newer entr...

Interim Budget 2019: Electronics makers seek Rs. 1,000-crore seed fund

With the 2019 interim budget round the corner, stakeholders in the electronics sector are expecting the government to create a seed fund of Rs 1,000 crore and abolish the angel tax that has hit start-ups hard. “The ...

Music and millennials how boAt tripled its revenues in a year and now sells 4 products every minute

This Delhi-based startup forced the likes of JBL to cut prices in India. And now it's on the road to become a Rs 500-crore consumer electronics company by 2024.boAt began life as a consumer electronics startup in...

Will India's new FDI e-commerce policy save the brick-and-mortar retailers

Concerned about the impact of online shopping on their business, brick-and-mortar retailers in India had long been lobbying the government to tighten rules on e-commerce giants in India.Traditional retailers like Pras...

E-waste is not waste, but treasure

Is electronic and electrical waste (e-waste) actually waste? It may be difficult to accept this when one considers the fact that it consists of rare metals like gold, silver, cobalt, platinum, rare earth metals like n...

Indians are buying less gold and electronics and that's helping the economy

In December 2018, India’s imports recorded a year-on-year decline for the first time since September 2016, according to official estimates released from the Ministry of Commerce and Industry. Overall impor...

Harley-Davidson, Panasonic Team Up on LiveWire Electric Motorcycle

The electric bike was built in partnership with Panasonic Automotive and runs its OneConnect services platform, which is integrated with the Harley Davidson app for Android and iOS. The bike has built-in GPS and LTE c...

DEFENCE PSUS WORKFORCE SHRUNK BY NEARLY 25% IN 5 YEARS

The number employees on the rolls of defence PSUs as of March 2018 shrunk nearly by a quarter compared to the number they employed as of 2013, with hiring at all companies failing to match the attrition rate, includin...

Xiaomi Mi TV India price slashed after new GST rates come into effect, here are the new prices

he new prices of the Mi TVs are already in effect. The price drop of some of Mi TVs come into effect after the India Government reduced the GST on TVs from 28 per cent to 18 per cent. Xiaomi India started th...

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Events

News

International Conference & Buyer-Seller Meet

Venue: Hotel Green Park, Chennai, India

Date: 15-02-2019

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India Electronics Week (IEW)

Venue: Bengaluru, India

Date: 26-02-2019

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China International PCB and Assembly Show (CPCA Show)

Venue: National Convention & Exhibition Center, Shanghai, China

Date: 19-03-2019

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electronica China 2019

Venue: Shanghani New International Expo Centre China

Date: 20-03-2019

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KPCA Show 2019 (Int’l Electronic Circuits and Packaging Show)

Venue: KINTEX Exhibition Center, Goyang, Gyeonggi, Korea

Date: 24-04-2019

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Electronica India 2019

Venue: Greater Noida, Delhi NCR, India

Date: 25-09-2019

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