ELCINA Highlights
Current Updates
PLI Scheme: India Invites Applications for Second Round of Large-Scale Electronics Manufacturing
The government has started inviting applications for the second round of large-scale electronics manufacturing under the production-linked incentive scheme with focus on some electronic components like motherboards, s...
India's draft e-commerce policy calls for equal treatment of sellers
India will require e-commerce firms to treat sellers equally on their platforms and ensure transparency, according to a draft policy seen by Reuters on Saturday that follows criticism against business p...
Twitter India Looks For Law Enforcement Liaison As Govt. Clears Air On IT Rules
Minister of electronics and information technology Ravi Shankar Prasad has clarified that the Indian government does not intend to interfere in the activities of social media platforms like Facebook, Twitter and other...
Used-phone seller Cashify raises $15 million from Olympus Capital
Cashify, a re-commerce marketplace that sells and buys used smartphones and other electronic gadgets, has raised $15 million from Olympus Capital Asia. Olympus Capital will make the investment through Asia Environment...
BlueStacks to revolutionise mobile gaming in India: CEO
BlueStacks, the world's largest Android gaming platform for PCs and Macs, is bullish on India and with over 2 million games across numerous developers, the company is revolutionising the way Android gaming i...
LG sees 'window of opportunity' to come back into Indian smartphone market
South Korean electronics major LG is planning to use the “window of opportunity” provided by the anti-China mood in India currently to stage a comeback in smartphones, targeting the sub-Rs 15,000 segment to claw b...
India’s move to deter digital monopolies may hit Amazon, Walmart
e-tIndia’s draft e-commerce rules to prevent creation of “digital monopolies” and aid local startups may raise costs and stymie expansion plans at companies such as Amazon.com Inc. and Walmart Inc.&nbs...
Bengal e-commerce start-up plans to help small electronics retailers
Magitronix EComm, a startup firm, is focusing on buyers in small towns for its online marketplace and helping neighbourhood electronics shop owners who are not able to get access to the network of big e- com...
India must to develop technology to indigenously manufacture electronic materials: MoS
Sanjay Dhotre, MoS for Education, Communications, Electronics and IT Monday said that materials are the backbone of the manufacturing sector in the country and that India’s electronics manufacturing has grown from R...
Addverb Technologies inaugurates Robots manufacturing facility 'Bot-Valley' in Noida
Addverb Technologies, one of India’s biggest Automation and Robotics companies, has launched its Rs 75 crore manufacturing facility in Noida. The company said that the facility has a capacity to manufacture more tha...
OLX has recorded an increase of 35 per cent in demand from buyers in the year 2020 over 2019
Classifies platform OLX has witnessed high demand for pre-owned goods throughout 2020, despite the Covid-19 pandemic, the company has said. According to an official release by OLX, “a comparison of buyers and seller...
AC makers set to hike prices to offset rising input costs; expect high double-digit growth this year
Leading AC manufacturers are betting on high double-digit growth this year even as they are firming up plans to increase prices of residential air conditioners by 5 to 8 per cent before the crucial summer season start...
TV prices to go up from April as open-cell panels get costlier in global markets
Prices of LED TVs are set to rise further from April as the cost of open-cell panels has gone up in the global markets by up to 35 per cent in the past one month. Brands including Panasonic NSE 0.98 %, Haie...
Will the DRDO make AIP ready by 2023 to be fitted on Kalvari Class submarines?
The Fuel Cell based Air Independent Propulsion (AIP) System of the Defence Research and Development Organisation has cleared another level of testing on Tuesday (March 9, 2021). An official statement issued by the Min...
India to launch more Aadhar like Public Digital Platforms shortly – Secretary, MeitY
Mr. Ajay Prakash Sawhney, Secretary, Ministry of Electronics and Information Technology (MeitY), Government of India, while addressing the inaugural session of IndiaSoft-2021 International Exhibition and Conferences, ...
Panasonic to buy software firm Blue Yonder for $6.5 billion: Report
Panasonic Corp will buy U.S. software firm Blue Yonder for 700 billion yen ($6.45 billion), the Nikkei reported on Monday, saying it was the Japanese electronics firm's biggest acqui...
SC Gives Relief To Google, Facebook, Other Tech Giants Over Royalty Taxes
Big tech companies Google, Facebook and Amazon could start claiming hundreds of crores in refunds from the Indian government, as a Supreme Court ruling on Tuesday clarified that payments made by local users for the pu...
Silver accounts for 10% of PV module costs
Silver accounts for 10% of PV module costs: The share of silver in PV module costs has risen by around 5% in recent months to account for approximately 10% of the total, according to U.S.-ba...
Wipro Consumer Care & Lighting India biz grows 14 per cent in Apr-Dec
Wipro Consumer Care & Lighting (WCCL) on Thursday said it has seen about 14 per cent growth in its India business in the first nine months of the fiscal ending March, even during a pandemic-hit year, on the back o...
India's electronics exports cross pre-Covid levels, touch record high of Rs 8806 crore in December
India’s exports of electronics goods have not only recovered to pre-Covid levels but also touched an all-time high of Rs 8,806 crore in the month of December 2020, data released by commerce ...
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