The Centre is likely to approve five to seven more applications under the Electronics Component Manufacturing Scheme, with cumulative investment of nearly ₹11,150 crore
Industry executives say Budget's higher allocation for ECMS and announcement of ISM 2.0 underline a renewed policy push to strengthen India's electronics manufacturing base and semicon supply chains
The Electronics Component Manufacturing Scheme has attracted investment commitments far exceeding its target, prompting the government to raise the scheme's outlay to ₹40,000 crore
Emkay Global described Dixon's Q3 as 'soft', with revenue growth limited to 2% Y-o-Y, largely due to a 5% annual decline and a sharp 30% sequential fall in the mobile phone business.
These initiatives, the survey said, position India among a relatively small group of middle-income, industrialising economies that are steadily moving towards sophisticated production structures
The government has approved 22 additional applications under the Electronics Component Manufacturing Scheme, taking total approvals to 46 companies with cumulative investment of Rs 54,567 crore
Tamil Nadu accounts for 65 per cent of investment approved in the latest ECMS tranche, driven by projects from Foxconn, Tata Electronics and Motherson, Industries Minister TRB Rajaa said
Elecbits has raised $5.5 million in a Series A round led by Nexus Venture Partners, with SE Ventures and Riverwalk Holdings, to scale its AI-powered Elecbits XOR platform
With 17 fresh projects under the Electronics Component Manufacturing Scheme, India expands capacity across camera modules, multilayer PCBs and optical transceivers
State secures five of seven projects cleared under the Centre's Electronics Component Manufacturing Scheme and aims for 30 per cent of total investments
LG Electronics India is set to debut on the bourses today, with the grey market premium (GMP) indicating a listing price of around ₹1,570, translating to a 37.7 per cent gain over the issue price.
Amber and Syrma are primarily targeting printed circuit board (PCB) manufacturing, while Dixon is focused on backward integration in mobile value chains, specifically camera and display modules.
The Dixon Technologies-HKC Overseas joint venture (JV) is for manufacturing and selling of LCD and TFT-LCD modules that are used in electronic devices like TV, mobile phones, etc, for display