Current Updates

Recent Policy Updates with respect to COVID-19 Lockdown

1.    CBIC has decided to expeditiously process all pending Customs refund and drawback claims in order to provide immediate relief to the business entities, especially MSMEs, in these difficult times. ...

Stimulus Package by Finance Minister dated 13th May 2020

MSME’s related announcements

1. 20% top-up loan, to outstanding loan (as on 29.02.2020) Collateral Free Automatic Loan for MSME. Those MSME having Loan upto 25cr and turnover upto 100cr will b...

Recent Government announcements wrt CoVID-19 Lockdown

In the light of Corona Virus Outbreak Government has announced several relief measures for the Industry. ELCINA has tried to compile these announcements on the basis of their categories such as Direct Taxes, Indirect ...

Key Schemes Announced under National Policy on Electronics 2019 for all round Development of Electronics Manufacturing Sector

 

Electronics Manufacturing has been declared as one of the focus sectors for development in India and we have been one of the world's fastest growing electronics manufacturing hubs. With supportive policie...

GST RATES ON CERTAIN GOODS AND SERVICES IN 39TH GST COUNCIL MEETING ON 14TH MARCH, 2020

GST Council in the 39th meeting held on 14th March, 2020 at New Delhi took

following decisions relating to changes in GST rates on supply of goods and services.

1.    The recommendation of t...

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Nokia secures Rs 7,500 crore deal from Bharti Airtel to deploy 4G network solution

Telecom gear maker Nokia has bagged around Rs 7,500-crore deal from Bharti Airtel to deploy 4G network solution across nine circles, that will help boost network capacity and customer experience. Bharti Airt...

Vivo overtakes Samsung in Indian smart phone sales

Vivo shipped more smart phones in India than Samsung for the first time ever last quarter, according to data from Canalys. The company’s sales to vendors nearly doubled year-on-year to 6.7 million units, almost...

Lockdown 2.0: Telcos won't need major overhaul for on-ground services, says COAI

The telecom sector does not foresee any major changes required for on-ground approvals to carry out services during the extended phase of lockdown, industry body COAI said on Tuesday. "Any issues that may cr...

Airtel, Jio, Vodafone Idea seek subsidy for additional benefits to prepaid users

Bharti Airtel, Reliance Jio and Vodafone Idea have suggested the sector regulator that the government should provide funds to offer more benefits to prepaid subscribers if needed since telecom connectivity h...

India's mean mobile download speed declines in March: Ookla

India's mean mobile download speed saw a dip from 11.83 Mbps in February to 10.15 Mbps in March 2020, while mean download speeds on fixed broadband have also decreased from 39.65 Mbps in February t...

Covid 19: Foxconn’s Sales Down by 7.7 Per cent in March 2020

Hon Hai Precision Industry (Foxconn) has witnessed a downfall in its sales during March 2020. A report published in the Reuters pointed out that Foxconn’s sales were down by 7.7 per cent during the month. The compan...

5G spectrum auction likely to be delayed in India amid COVID-19 pandemic: Report

The Department of Telecommunications (DoT) is likely to push spectrum auctions to October-December quarter of the current fiscal due to the Covid-19 or coronavirus pandemic-induced lockdown in the country, Telegraph I...

DoT taking a call on relief in AGR issue: Finance Minister

Finance Minister Nirmala Sitharaman on Wednesday said that the Department of Telecommunications (DoT) is taking a call on relief to telcos in respect of the payment towards AGR dues. "Meetings have...

Samsung Galaxy M21 to Launch in India on Wednesday: Expected Price, Specifications

Samsung Galaxy M21 will be launched in India on Wednesday, the latest offering in the company's Galaxy M-series of smartphones aimed at the younger demographic. The smartphone has appeared in numerous leaks over the p...

Mobile phones to become costlier as government hikes GST rate

Mobile phones in the Indian market could become costlier soon as the GST Council, headed by Finance Minister Nirmala Sitharaman, has decided to increase Goods and Services Tax (GST) on mobiles phones and allied parts ...

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No-cost EMIs on electric cycles coming soon: Go Zero to focus on online sales

Electric bicycles will be in great demand. Post Covid-19 (if at all there is a phase), almost everyone has predicted that electric mobility will witness a rise. Not only this, but those who have their offices really c...

How India can replace China as a global manufacturing hub post-COVID including auto sector

In 2010, China overtook the US to emerge as the world’s largest manufacturing sector. However, the rise of China as the world’s factory began way back in the 1980s initially as a producer of low-end products which...

IT Hardware Company expect to resume partial production this week, 100% next month

Electronics manufacturers expect to resume partial production this week and full capacity by end of next month if there is no change in guidelines from the government, according to senior company officials. The centra...

Suzuki’s new e-scooter to launch in India

Suzuki Motorcycle India might introduce an all-new e-scooter on the market soon. Focused on ease of use and cost-effectiveness, patent images of the made-in-India e-scooter have been leaked online. Various reports sta...

After Zoom, research finds Microsoft Teams vulnerable to cyber attacks

After reports of Zoom meetings being hacked into, researchers have now found Microsoft Teams, the video conferencing platform of Microsoft, vulnerable to cyber attacks. Cyber criminals are turning their sights on vide...

IT sector revenue growth may hit decadal low due to COVID-19: Crisil

an impact on profitability owing to narrowing of margins due to the COVID-19 pandemic, a report said on Friday. The companies will lose out on new deals, which will compromise future revenues, and also face reverses o...

Lockdown: Cyber security demands grow amid shortage of skilled professionals

The growing wave of cyber-attacks targeting individuals and organisations during lockdown has led to an increase in demand for skilled cyber security professionals. Before the covid-19 outbreak, cyber security demands...

IT companies likely to see weakest revenue growth in a decade

Information technology (IT) companies may see their weakest revenue growth in a decade as clients cut down discretionary spending and demand slows down across sectors. The current uncertainty and a possibly bleak outl...

EV sales jump 20% in FY20; electric scooters sold most in India

Sale of electric vehicles in India grew by 20 per cent at 156,000 units in fiscal 2020 led largely by two-wheelers that form bulk of the nascent industry. Electric two-wheelers sales stood at 152,000 units during the ...

Flipkart Big Shopping Days: Check out deals on smart TVs, smartwatches, gaming laptops, DSLRs and more

Flipkart Big Shopping Days sale, the four day sale on smartphones and other electronics, is now live. The sale is being held from March 19 to March 22 and customers can avail 10 percent instant discount using SBI card...

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DR VK SARASWAT CALLS UPON DRDO TO FOCUS ON BIOLOGICAL DEFENCE PROGRAM

The entire country is currently battling the Corona virus. NITI Aayog member and former Defence Research & Development Organisation (DRDO) chief V K Saraswat said on Monday that the DRDO must “revive work on a b...

ANTI-DUMPING DUTY ON TWO DOZEN CHINESE IMPORTS MAY BE EXTENDED: REPORT

The move was aimed at protecting domestic manufacturers from a flood of these Chinese goods once the current duty-protection regime ends, the report said. Vitamin E, solar cells, USB drives and steel are among the goo...

Big opportunity for India

One of the key fallouts of the Covid-19 crisis is that several big investors across multiple sectors are having a rethink over their presence in China, with some even thinking of exiting the country and looking to rel...

Companies welcome government’s PLI-scheme, but work still to be done

The Indian government’s new production linked incentive (PLI) scheme for mobile manufacturers has been well received by the industry, but there’s work left to be done. The scheme is meant to encourage companies to...

Vizag gas leak: LG Polymers' India journey is riddled with controversy

LG Polymers India, the company that owns and operates the chemical plant in Visakhapatnam (Andhra Pradesh) from where poisonous gas leaked on Thursday killing several locals, is no stranger to controversies. Set ...

Costly labour to burn hole in India Inc books

India Inc and hundreds of small and medium businesses across the country are grappling with surging labour costs as workforce shortage intensifies and wages are increased to keep migrants from leaving for vi...

Economic recovery could take one year for India Inc

Despite lifting the national lockdown in phases, Indian companies expect the economic recovery to take about a year because of the lasting impact on businesses, a survey of the Confederation of Indian Industry (CII) s...

E-comm cos geared up for shipping non-essentials but sales may be hit as large mkts in red zone

E-commerce companies are geared up to start shipping non-essential items to customers in orange and green zones from Monday, but sales could be impacted as metros and many large cities are in red zones. Various cities...

Lockdown 3.0: Amazon, Flipkart to deliver mobile phones, electronic items in orange, green zones from May 4

Online e-commerce platforms like Amazon and Flipkart will be able to deliver items such as mobile phones and other electronic items as the nation enters the third phase of lockdown from May 4, reported jagran.com. But...

Ministry of Electronics & IT lists start-ups for securing Work from Home environment

The Ministry of Electronics and Information Technology, Government of India along with DSCI (Data Security Council of India) and National Centre of Excellence for Cyber Security Technology Development and Entrepreneur...

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Events

News

Addressing the Covid-19 Threat- “Recent Updates on Indirect Tax Issues and Schemes of NPE 2019 ”

Venue: Webinar


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News

Summary of Proceedings LIVE WEBINAR

Venue: Webinar


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News

International Electronic Circuits (Shanghai) Exhibition

Venue: National Exhibition & Convention Center (Shanghai)

Date: 22-06-2020

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News

Convergence India 2020

Venue: Pragati Maidan, New Delhi

Date: 07-07-2020

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News

electronica India 2020

Venue: Bangalore International Exhibition Center, Bengaluru

Date: 23-09-2020

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News

The 15th Electronics Circuits World Convention

Venue: Hong Kong / Shenzhen

Date: 30-11-2020

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