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CBIC
Circular No. 25/2024-Customs dated 21st November 2024:
Automation Implementation under IGCR Rules, 2022
The CBIC has issued Circular No.
25/2024-Customs dated 21.11.2024, addressing
concerns regarding the implementation of automation in
filing monthly statements under the Customs (Import of
Goods at Concessional Rate of Duty or for Specified End Use)
Rules, 2022 (IGCR Rules, 2022).
Key
Highlights:
-
Manual
Filing Permitted Till January 2025:
-
Importers facing challenges with the
electronic filing of IGCR-3 monthly statements may
file manually with jurisdictional officers until
31.01.2025.
-
Mandatory online filing will commence
from February 2025.
-
Introduction of Excel Utility:
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An Excel utility for IGCR-3 and
IGCR-3A monthly statement filing will be made
available by 15.12.2024.
-
Importers are encouraged to use this
utility to complete both present and past period
filings electronically by 31.01.2025.
-
Action for
Stakeholders:
-
d)
Support for Implementation:
This initiative marks a step towards enhanced
automation in customs processes, aligning with the
government’s focus on digitalization while accommodating
transitional challenges faced by stakeholders.
For more details, members are advised to
refer to the official CBIC website regarding CBIC Circular
No. 25/2024-Customs dated 21st November 2024.
CBIC Notification No. 84/2024-CUSTOMS
(N.T.) dated 29th November 2024: Revised Tariff Values
The CBIC has issued Notification
No. 84/2024-CUSTOMS (N.T.) dated 29th November 2024,
revising tariff values for certain goods under the
Customs Act, 1962. These changes will take effect from
30th November 2024.
Key Highlights:
Tariff Values for Precious Metals (Table-2):
-
Gold
coins with gold content not below 99.5%, excluding
imports via post, courier, or baggage, are also included
under this tariff value.
Effective Date:
The revised tariff values for precious metals
will be applicable from 30th November 2024.
The updated tariff values for precious metals
in Notification No. 84/2024-CUSTOMS (N.T.) provide
advantages for electronics manufacturing by improving
cost predictability and simplifying customs processes. This
benefits manufacturer using gold and silver in
components like circuit boards and semiconductors, enabling
better financial planning, smoother supply chain management,
and enhanced cost efficiency. It also supports domestic
manufacturing by making material sourcing more
competitive and transparent.
For more details, members are advised to
refer to the official CBIC website regarding CBIC
Notification No. 84/2024-CUSTOMS (N.T.) dated 29th November
2024
DGFT Notification No. 41/2024-25
dated 29th November 2024 : Amendment in Import Policy
Condition of ITC HS Codes 85423100, 85423900, 85423200,
85429000 and 85423300 covered under Chapter 85 of ITC (HS),
2022, Schedule-1(Import Policy)
The DGFT Notification No. 41/2024-25
dated 29th November 2024 announces a key amendment in
the import policy for electronic integrated circuits under
Chapter 85 of ITC (HS) 2022. The revised policy
condition affects several ITC HS codes, including:
Key Highlights:
-
The previous requirement of
compulsory registration under the Chip Imports
Monitoring System (CHIMS) has been discontinued
with immediate effect for these products.
-
The revised policy condition now
only requires compliance with Policy Condition 8 of
Chapter-85, but removes the CHIMS registration
requirement.
This amendment simplifies import
procedures for manufacturers and businesses dealing in
electronic integrated circuits and components, potentially
streamlining supply chains and reducing administrative
burdens.
For more details, members are advised to
refer to the official CBIC website regarding DGFT
Notification No. 41/2024-25 dated 29th November 2024.
RBI circular
no FE.CO.Trade Se9 /05.31.042/2024-25 dated 28th November
2024: Simplified Process
for Closure of Small-Value Export Shipping Bills
The Reserve Bank of India (RBI) has
introduced a new measure to ease the closure of outstanding
small-value export shipping bills through the Export Data
Processing and Monitoring System (EDPMS). Authorized Dealer
(AD) banks can now close shipping bills valued up to USD
1,000 under the following conditions:
-
Transactions must be bona fide and
supported by evidence of inward remittance.
-
Exporters must not have any KYC/AML
concerns or ongoing investigations.
This measure, effective immediately, aims to
reduce compliance burdens, streamline processes for
small-scale exporters, and improve cash flow. The
dispensation will remain valid until March 31, 2025,
offering a focused window for exporters and banks to address
backlogs.
This initiative reinforces RBI’s commitment
to enhancing operational efficiency and ease of doing
business in India’s export sector.
For more details, members are advised to
refer to the official RBI website regarding RBI circular no
FE.CO.Trade Se9 /05.31.042/2024-25 dated 28th November 2024.
For any queries regarding this
ELCINA Policy Capsule,
please contact
policy@elcina.com.
TOP
INDUSTRY SCAN
General
Strain engineering approach enhances
performance of 2D semiconductor-based transistors
The manipulation of mechanical strain in
materials, also known as strain engineering, has allowed
engineers to advance electronics over the past decades, for
instance enhancing the mobility of charge carriers in
devices. Over the past few years, some studies have tried to
devise effective strategies to manipulate strain in
two-dimensional (2D) semiconductors that are compatible with
existing industrial processes. Researchers at Stanford
University recently introduced a CMOS-compatible approach to
engineer the tensile strain (i.e., stretchiness) in
monolayer semiconductor transistors. This approach, outlined
in a paper published in Nature Electronics, relies on the
use of silicon nitride capping layers that can impart strain
on monolayer molybdenum disulfide (MoS2) transistors
integrated on silicon substrates.
Source: Ingrid Fadelli, https://techxplore.com/,
November 30, 2024
Govt scraps registration for some
items under chip import monitoring system
The government has removed mandatory
registration of certain electronic integrated circuits under
the chip import monitoring system. Under the system,
importers of these items would have to provide advance
information in an online system for import and obtain a
registration number by paying a specific amount of
registration fee. "The requirement of compulsory
registration under chip imports monitoring system has been
discontinued with immediate effect," according to a
notification of the directorate general of foreign trade (DGFT).
The items included electronic integrated circuits, memories
and amplifiers.
Source: https://www.business-standard.com/,
December 01, 2024
India to train 85,000 students in
semiconductor chip design within five years
The Indian government has launched an
ambitious initiative to empower 85,000 students with the
skills to design semiconductor chips within the next five
years. The program will provide direct access to the
country’s national chip design infrastructure, creating a
strong foundation for the semiconductor design community
across India. The ChipIN Centre, located at C-DAC, is one of
the country’s largest and most advanced semiconductor design
facilities. It provides a wide range of tools and workflows
necessary for chip design, covering the entire design cycle,
including the latest 5 nm technology. This state-of-the-art
facility aims to support students and entrepreneurs in
mastering semiconductor design.
Source: https://ddnews.gov.in/November 26,
2024
Centre creating environment for
Semiconductor Design Community
ChipIN Centre, one of the largest facilities
established at C-DAC, offers an extensive range of
semiconductor design workflows and solutions, striving to
bring national chip design infrastructure directly to the
semiconductor design community across the country. It is a
centralized facility which hosts the most advanced tools for
the entire chip design cycle (going up to 5 nm or advanced
node). Presently engaged with an estimated number of 20,000+
students at 250+ academic institutions and entrepreneurs at
45 start-up projects, ChipIN Centre aims to provide access
of state-of-the-art EDA (electronic design automation) tools
to 85,000 students at B.Tech, M.Tech and PhD level to design
semiconductor chips within 5 years to meet the objectives of
Atmanirbhar Bharat.
Source: https://jharkhandstatenews.com/November
27, 2024
TOP
Information Technology
Chinese
manufacturer USI opens first development centre in India
with TechM
 Tech
Mahindra (TechM), India’s fifth-largest IT services company,
has established a development centre at its office in
Bengaluru, in partnership with electronic design and
computer storage device manufacturing firm Universal
Scientific Industrial (Shanghai), USI. It is USI’s first
engineering offshore development center (ODC) in India.
Located at Tech Mahindra’s Bengaluru office, the development
center will accelerate innovation in smart device
engineering, Tech Mahindra said in a statement. The center
marks a milestone for USI as it expands its engineering
capabilities to India, for enhancing device software
development, hardware design, and testing.
Source: https://economictimes.indiatimes.com/November
28, 2024
IT exporters look beyond North America
and Europe
India’s top software service exporters are
looking beyond their traditional strongholds like North
America and Europe with an aim to diversify across
geographies and future-proof their business in an
increasingly volatile technology market. This push towards
Japan, the Middle East, Australia, Asia Pacific (APAC) as
well as the home market India by industry leaders including
Tata Consultancy Services, Infosys and Wipro could be due to
them having “reached a ceiling in the (US) markets and
therefore, needing to diversify,” technology experts said.
Currently, US enterprise clients account for roughly half of
India’s $254 billion software service exports according to
industry estimates.
Source: By Beena Parmar, https://economictimes.indiatimes.com/November
26, 2024
TOP
Consumer Electronics
Apple’s Push for AI Faces New Dilemmas
in iPad Lineup
Apple introduced the iPad Mini Gen 7 in
October this year, marking its first update in three years
since the release of the iPad Mini Gen 6 in 2021 – which has
seen shipment share of Apple’s overall tablet portfolio
decline from its peak in 2022 to low single digits in Q3
2024, according to Counterpoint’s Q3 2024 Global Tablet
Market Tracker. While the new model maintains a design
language similar to its predecessor, it features upgrades to
support Apple’s AI features. The most notable improvements
include an enhanced SoC, and increased storage capacity and
RAM, aligning with Apple’s push for Apple Intelligence on
smartphones and across all its device offerings. These
improvements, however, have produced unintended challenges
for Apple’s lower-priced iPad lineup, with future iterations
facing increasing difficulties in standing out on their own.
Source: https://www.counterpointresearch.com/,
November 27, 2024
Consumer electronics market sees value
growth despite flat volume sales in 2024
Sales of electronics products such as
smartphones, televisions and refrigerators through retail
stores remained sluggish in terms of volume growth in the
first nine months of 2024 though increasing 10% by value
propelled mostly by higher sales of premium products, said
market researcher NielsenIQ. This growth is fuelled by the
shift toward connected, feature-rich appliances and
smartphones, with a clear preference for products that offer
both convenience and long-term value. There was a recovery
in sales volume in October due to festive demand. As per
NielsenIQ, the four weeks of the festive period till Diwali
drove 13% value sales growth and 8% volume growth.
Source: https://economictimes.indiatimes.com/,
November 22, 2024
Supply chain group buys retail tech
startup Arzooo’s assets in distress deal
Mumbai-based distribution and supply chain
company Moksha Group has acquired business-to-business (B2B)
consumer electronics startup Arzooo's assets, the companies
said in a joint statement on Wednesday without disclosing
the size of the deal. The distress deal comes months after
Arzooo’s unsuccessful attempts to raise new capital or merge
with bigger rivals. The Bengaluru-based startup, founded by
two former Flipkart executives, Khushnud Khan and Rishi Raj
Rathore in 2016, had raised $80-90 million in equity and
debt and was backed by the likes of Celesta Capital, Japan's
SBI Holdings and Doordash founder Tony Xu. As part of the
deal, Moksha Group will acquire Arzooo’s technology platform
and its various intellectual property assets and trademarks.
Source: By Pranav Mukul, https://economictimes.indiatimes.com/,
November 21, 2024
TOP
Telecom
In
relief to Vi, DoT changes bank guarantee waiver terms
.jpeg)
The Department of Telecommunications (DoT)
has watered down the provisions for availing the bank
guarantee (BG) waiver for spectrum auctions conducted before
2022, officials familiar with the matter said, a move which
will come as a big relief for financially struggling
Vodafone Idea (Vi). DoT has softened the bank guarantee
waiver rules for spectrum auctions held before 2022, easing
the financial burden on telecom companies, including
Vodafone Idea. Telecom operators can now avoid paying an
additional amount for three months in advance. This change
is expected to help Vodafone Idea secure more credit and
improve its financial position.
Source: Kiran Rathee, https://economictimes.indiatimes.com/,
November 30, 2024
TRAI ensures no delays in OTP
deliveries from December 1 amid new traceability rules
/TRAI.png)
The Telecom Regulatory Authority of India (TRAI)
has issued an update to reassure the public that there will
be no delays in the delivery of essential Net Banking and
Aadhaar OTP messages starting 1 December. Responding to
misinformation circulating on social media, TRAI has firmly
stated that the timely delivery of such messages will remain
unaffected, thanks to new regulations aimed at improving
message traceability. In recent months, TRAI has intensified
its efforts to combat the growing issue of cybercrime,
particularly involving fake calls and fraudulent messages.
To address these concerns, new rules were introduced on 1
October, requiring telecom providers to establish a system
for tracking the origins of bulk messages.
Source: https://www.livemint.com/, November
28, 2024
India introduces new rules for
critical telecom infrastructure
The government of India introduced the
Telecommunications (Critical Telecommunication
Infrastructure) Rules, 2024, on 22 November, which require
telecom entities designated as Critical Telecommunication
Infrastructure (CTI) to grant government-authorised
personnel access to inspect hardware, software, and data.
These rules are part of the Telecommunications Act, 2023,
empowering the government to designate telecom networks as
CTI if their disruption could severely impact national
security, the economy, public health, or safety. The rules
mandate that telecom entities appoint a Chief Telecom
Security Officer (CTSO) to oversee cybersecurity efforts and
report incidents within six hours, a revised deadline from
the original two hours proposed in the draft rules.
Source: https://dig.watch/, December 01, 2024
TOP
EV’s & Auto Electronics
Mahindra & Mahindra to sell EVs
through existing sales network to offer all choices under
one roof
Mahindra & Mahindra will utilise its existing
sales network to sell its electric vehicle range as the
automaker looks to offer all the choices to customers under
one roof, according to a top company executive. The
Mumbai-based automajor, which sells models like Thar and
Scorpio, has now expanded its electric vehicle range with
the launch of two all-new ground up models -- BE 6e and XEV
9e. "One of the reasons, why we want to keep the sales
channel the same, is because we want to give the customer
the choice between ICE (internal combustion engine cars) and
EVs," Mahindra & Mahindra (M&M) Executive Director and CEO
for auto and farm sectors Rajesh Jejurikar told PTI in an
interaction. He was replying to a query if the company would
also look at establishing a separate sales network for its
EV range. Rival Tata Motors has set up a separate sales
channel to sell EV models.
Source: https://www.zeebiz.com/, December 01,
2024
Ola Electric Vehicle Registrations
Decline By 33 Per Cent In November
After a blockbuster sales figure in October
due to the festive season, Ola Electric vehicle
registrations dropped by 33 per cent in November. According
to Vahan portal data, the number of registrations of Ola
Electric vehicles in November fell by 33 per cent on a
month-on-month (MoM) basis to 27,746 units. In October last
year, this figure was more than 40,000 units. Due to fewer
registrations, the company's market share dipped to 24 per
cent in November, which was 30 per cent in October. However,
the company still maintains the first position in the
electric two-wheeler market by sales. Bhavish Aggarwal-led
Ola Electric has seen volatility in sales in recent months.
The reasons for this were attributed to increasing
competition in the market and poor service and product
quality.
Source: https://zeenews.india.com/, December
01, 2024
Delhi government extends electric
vehicle incentives until March 2025 amid poor air quality
The Delhi government Thursday said it will
extend incentives on electric vehicles under the state EV
policy will March 31, 2025 in view of the poor air quality
in the capital and adjoining areas. As per the announcement
by Delhi CM Atishi, subsidies and road tax exemptions
pending from January 1 will now be rolled out. The Delhi
cabinet has decided to extend the EV policy in view of the
poor air quality in the capital and adjoining areas, the CM
said. Purchases from January 1, 2024, onward will benefit,
reversing the halted incentives from earlier. The move aims
to boost Delhi's significant EV market amid challenges like
high prices and limited charging infrastructure.
Source: By Sharmistha Mukherjee, https://economictimes.indiatimes.com/,
November 29, 2024
RE or EV can't solve climate change:
Author Amitav Ghosh says Bangladesh like solutions needed
Author Amitav Ghosh argues that common
climate change solutions like renewable energy, carbon
credits, and electric cars are insufficient. He advocates
for community-based strategies, citing examples from
Bangladesh, during a lecture at King’s College London on
Thursday. Ghosh criticized recent climate summits, echoing
Greta Thunberg’s sentiment: “There is no pathway through
this mess. If we look at recent COP, all the absurdities
have now been laid bare, and when Greta Thunberg says it's
blah blah blah, I think she is right.” He believes the West
focuses too much on data and technology, overlooking local
knowledge.
Source: https://economictimes.indiatimes.com/,
December 01, 2024
TOP
Defence & Solar
India
First To Develop Long-Range Hypersonic Missile: Defence
Experts
India has recently achieved a significant
milestone in military technology by successfully testing its
first long-range hypersonic missile. This development
positions India as the first country to develop a missile
capable of traveling over eight times the speed of sound,
with a range exceeding 1,500 kilometers. The test was
conducted by the Defence Research and Development
Organisation (DRDO) on November 16, 2024, from Dr. APJ Abdul
Kalam Island off the coast of Odisha. India has recently
achieved a significant milestone in its defence capabilities
by successfully testing its first long-range hypersonic
missile. This event, which took place on November 16, 2024,
off the coast of Odisha, positions India among a select
group of nations with advanced hypersonic technology,
including the United States, Russia, and China.
Source: https://www.indiandefensenews.in/,
December 01, 2024
India Prepares for Bold Space
Exploration Goals
India is positioning itself as a formidable
player in global space exploration, driven by ambitious
projects and strategic partnerships. The Indian Space
Research Organisation (ISRO) has recently achieved
significant milestones, including the successful
Chandrayaan-3 lunar mission and the ongoing Gaganyaan crewed
flight program. India's space ambitions are bolstered by
international collaborations. The recent Indian Space
Conclave highlighted partnerships with countries like the
United States and France, aimed at joint missions and
technology exchanges. Additionally, ISRO's upcoming launch
of a satellite for the European Space Agency underscores its
commitment to global cooperation in space technology. To
support its expansive goals, India is also investing in
domestic capabilities. The establishment of New Space India
Ltd. (NSIL) and the Indian National Space Promotion and
Authorization Centre (IN-SPACe) aims to foster innovation
and attract private sector participation.
Source: https://www.indiandefensenews.in/,
December 01, 2024
GRSE commissioned new test bed for
full power trials of marine diesel engines at GRSE-Diesel
Engine Plant (DEP) in Ranchi
BSF
deploys 2 more battalions in Jammu to check infiltration
from Pakistan
.png)
The Border Security Force (BSF) has
completed the deployment of two fresh battalions, comprising
more than 2,000 personnel, in the Jammu region to better
plug infiltration from across the Pakistan front and check
the recent spurt of terrorist activities in the area.
Officials in the security establishment told PTI that the
new troops of these units have been deployed "in depth
areas" as the "second line of defence" just behind the BSF
border deployment along the international border (IB) with
Pakistan. These two BSF battalions were recently withdrawn
from the anti-Naxal operations theatre of Odisha and have
now been deployed fully in the Jammu region.
Source: https://economictimes.indiatimes.com/,
December 01, 2024
India's New Stealth Cloak: IIT-Kanpur
Develops Radar-Evading 'Anālakṣhya' System
The collaboration between India's defence
sector and academic institutions has started to deliver
impactful results. The Indian Institute of Technology Kanpur
(IIT-K) on Tuesday (26 November) announced a significant
advancement in stealth technology that could render combat
systems like tanks and fighter jets invisible or nearly
invisible to enemy radar. The innovation, designated the
“meta-material surface cloaking system” (MSCS), has been
named Anālakṣhya by its creators at IIT-Kanpur. This system
is expected to play a crucial role in the DRDO's development
of the Advanced Medium Combat Aircraft (AMCA), an indigenous
stealth fighter being designed to evade enemy air defence
radars.
Source: By Kuldeep Negi, https://swarajyamag.com/,
November 28, 2024
TOP
MSME
(Special section of the MSME related news under ELCINA Micro
& Small Industry Forum)
16 MSMEs,
20 startups supported under Technology Development Fund
scheme, says Defence Ministry
The government’s Technology Development Fund
(TDF) scheme, which aims to encourage the participation of
public and private industries especially MSMEs and startups
to design and develop defence technologies indigenously, has
supported 16 MSMEs and 20 startups since January 2022.
Sharing data in a written reply to a question in the Lok
Sabha on Friday, Minister of State in the Defence Ministry
Sanjay Seth said Rs 120 crore has been allocated since
January 2023 and Rs 43.89 crore has been disbursed as
grant-in-aid to the industries under the TDF scheme.
Moreover, during the last five years, 42 projects of Rs
182.41 crore to MSMEs and 25 projects of Rs 59.47 crore to
startups have been sanctioned under the scheme. As of now,
26 technologies have been successfully developed, Seth said.
Source: https://www.financialexpress.com/,
November 29, 2024
PSBs gear up to scan digital play for
MSME loans
State-run banks are preparing to offer loans
up to Rs 25 lakh for micro and small enterprises based on
the new credit assessment model, which will consider digital
transactions and cash flows such as salaries paid to
employees, electricity bills, municipal taxes and
contributions towards employee provident funds rather than
traditional parameters such as tax returns and other
collateral.The scheme is expected to be launched by the
first week of December. Banks have already prepared a credit
assessment model, which will also have goods and services
tax (GST)-based MSME (micro, small and medium enterprises)
financing products. Under the new credit assessment model,
which was proposed in the budget in July, banks will offer
both working capital and long-term loans. A common
application form is also being prepared, and a committee
comprising bankers from State Bank of India, Bank of Baroda
and Canara Bank is working on early adoption of the credit
assessment model for swift implementation.
Source: By Dheeraj Tiwari, https://economictimes.indiatimes.com/,
November 29, 2024
MSMEs can boost finances with formal
registration, digital payments: RBI DG
Micro, Small, and Medium Enterprises (MSMEs)
can strengthen their financial health and credibility by
embracing formal registration, maintaining accurate
financial records, and adopting digital payment systems to
create a transparent financial footprint, said Swaminathan
J, deputy governor at the Reserve Bank of India (RBI), on
November 16. The speech was uploaded on the RBI website on
Monday. While speaking at the CEO Forum of the Federation of
Telangana Chambers of Commerce and Industry held in
Hyderabad, he said, “MSMEs should strive for greater credit
discipline, which starts with careful selection of the
appropriate credit product suited to their requirements and
cash flows. MSMEs should familiarise themselves with
different credit products such as term loans, working
capital loans, overdrafts, and invoice discounting to match
them with their borrowing needs. It is vital to tailor
borrowing to business cycles and avoid over-leveraging.
Source: By Anjali Kumari, https://www.business-standard.com/,
November 25, 2024
Govt invites bids for 20 MSME
technology centres with private partnership
The government has sought requests for
proposal (RFPs) for setting up 20 MSME Technology Centres
under Public-Private Partnership (PPP) mode. For the first
time, private players will partner with the industry to
provide technological, incubation, and business advisory
support. Establishing these centres will create additional
capacity for skilling 4,00,000 trainees and assist one lakh
MSMEs, which are the backbone of the economy and major job
creators. These centres will be built with an estimated cost
of Rs 3,500 crore Pune, Coimbatore, Samba, Nagpur, Bokaro,
Jabalpur, Rourkela, Bilaspur, Kopparthy, Rajkot,
Thiruvanantpuram, Jhansi, Sindhudurg, Ambala. The private
concessionaires would have exclusive rights, licence and
authority during the subsistence of to construct, operate
and maintain the project for a period of 30 years. The last
date for bid submission is December 26.
Source: By Prasanta Sahu, https://www.financialexpress.com/,
November 25, 2024
TOP
ELCINA EVENTS , ACTIVITIES & SERVICES
For more information, please contact:
Rajesh Rawat – 9911445890 /
rajesh@elcina.com
TOP
ELCINA Publications
https://elcina.com/roadmap-for-developing-pcb-eco-system-in-india |
Roadmap For Developing PCB
Eco-System in India
Key Findings
-
Indian PCB market and industry size in terms of
domestic production, exports, and imports
-
Growth drivers and challenges (needs & gaps) in
the Indian PCB industry
-
Growth potential of PCB manufacturing in India
and identify enablers for creating &
strengthening the domestic value chain
-
Key inputs required viz. investments,
technology, and infra eco-system
Details of key PCB value chain players – global and
domestic, who can be invited to invest to establish
a strong PCB industry |
|
https://elcina.com/ems-task-force-report-on-market-industry-analysis-of-ems-sector-in-india |
EMS Task Force Report
Key Findings
-
Currently EMS Industry (Contract Manufacturing
Services) are valued 832 Bn $ and are projected
to grow 1055 Bn by 2025.
-
Domestic electronics manufacturing is estimated
at USD 75 Bn of which 39 Bn constitutes EMS
value. This is divided into 23.5 Bn domestic
Mfg. and USD 15.5 Bn PCBS/Sub-Assembly imports.
-
Further USD 53.5 Bn is finished Electronic Goods
imports of which USD 17 Bn is EMS value. Thus
total EMS opportunity loss is US$ 32.5 Bn (15.5
+17).
-
The report estimates that EMS production can
grow realistically from USD 23.5 Bn today to USD
152 Bn by 2025 at CAGR of 45%. This will meet
75% of the countries EMS requirement of US$ 203
Bn by 2025 against a total estimated market of
400 Bn.
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|
https://elcina.com/elcina-task-force-report-on-electronic-components |
ELCINA Task Force Report on
Electronic Components
Key
Findings
-
Current status of component manufacturing in
India – Areas of competence vs Gaps and
inadequacies
-
Components which urgently require investments
and growth in domestic manufacturing
-
Emerging technology and new components for
upcoming opportunities
-
Constraints and bottlenecks to be addressed
-
Overcoming Policy constraints, WTO (ITA-1)
deadlock and Zero Duty issue
-
Strategy for overcoming these constraints
-
Eco-System requirements- Role of Central and
State Governments
|
|
https://elcina.com/elcina-directory-of-indian-electronics-industry |
ELCINA Directory of Indian
Electronics Industry 2023-24
Description
-
ELCINA Directory of Indian Electronics Industry
– includes the updates on Indian Electronics
Industry and a host of additional improved
features covering business environment,
statistical industry scan, company databases
plus various projections. This handy compendium
with its easy-to-read format attracts the
attention of a growing number of users (within
India and abroad)
-
Apart from electronics industry, the users of
this Directory range from financial
institutions, commercial banks, FIIs,
Consultancy organizations as well as industry
promotion institutes across the world….
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FORTHCOMING EVENTS & GENERAL INFORMATION
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A newsletter published by ELCINA, New
Delhi. The information contained in this newsletter
is for private circulation only. Despite our best
efforts, some errors could have crept in. You are
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