LG Electronics India posts 61.6% drop in Q3FY26 net profit as subdued demand, higher input costs and currency headwinds weigh on margins
The India AI Mission has issued an alert warning participants that no fee is charged for registration, participation or speaking at the AI Impact Summit starting February 16 in New Delhi
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
PLI-led manufacturing push and improving domestic demand are expected to drive double-digit growth for electronics MSMEs, with margins seeing modest expansion
But $50 billion export aim holds as EU smartphone shipments drop after Apple's US pivot
Proposed move to shorten implementation time to 12 months from 18 months is likely to face resistance from industry players
The next leg to $55 billion is tied to policy clarity and tariff risks
An MNC presentation weighs India's position while pointing out that the world is 'now dependent' on Chinese supply chain
Electronics exports from the country have crossed Rs 4 lakh crore in 2025 and are expected to grow when four semiconductor plants begin production this year, Union minister Ashwini Vaishnaw has said. According to official estimates, electronic production reached around Rs 11.3 crore and exports were to the tune of Rs 3.3 lakh crore in 2024-25. "Electronics exports crossed Rs 4 lakh crore in 2025, creating jobs and bringing foreign exchange. Momentum will continue in 2026 as four semiconductor plants come into commercial production," Vaishnaw said in a social media post on Monday. The mobile phone industry dominates the country's electronics manufacturing sector at present. According to industry estimates, more than 25 lakh people are employed in the electronics sector. The minister shared a report which states that iPhone exports from India have hit Rs 2.03 lakh crore in 2025, which is almost double that of Rs 1.1 lakh crore Apple exported in the calendar year 2024. According to
The results highlight how chip prices have rocketed as chipmakers scramble to keep up with demand for memory chips used in servers, personal computers and mobile devices to meet AI needs
ICEA response to PM's 100-product manufacturing push
Auto components major Samvardhana Motherson International Ltd on Monday said its arm Motherson Electronic Components Pvt Ltd has secured incentives under the government's production linked incentive scheme. Under the latest approvals, MECPL (Motherson Electronic Components Pvt Ltd) has been included among the beneficiaries of the Electronics Components Manufacturing Scheme (ECMS) announced by the Ministry of Electronics and Information Technology (MeitY), for the production of enclosures for the consumer electronics industry, Samvardhana Motherson International Ltd (SAMIL) said in a regulatory filing. These incentives are for six years -- from FY26 to FY31, with an expected cumulative investment of Rs 1,900 crore over the investment period, it added. "MECPL is looking to create over 5,000 employment opportunities at its plant in Kanchipuram, Tamil Nadu, during the course of these incentives," SAMIL said. Motherson's inclusion in the ECMS initiative reflects its strong capabilities
These anchor vendors are expected to generate direct employment for over 27,614 people and create multiple times more indirect jobs
The Ministry of Electronics and IT on Friday said it has approved 22 new proposals under the Electronics Components Manufacturing Scheme (ECMS), with a projected investment of Rs 41,863 crore and production of Rs 2,58,152 crore. The approved proposals include those from Dixon, Samsung Display Noida Pvt Ltd, Foxconn (Yuzhan Technology India Pvt Ltd), and Hindalco Industries. These approvals are expected to spur 33,791 direct employment opportunities. In continuation of the approvals for 24 applications for an investment of Rs 12,704 crore announced earlier, the Ministry of Electronics and Information Technology (MeitY) has further approved 22 proposals under the ECMS, with a projected investment of Rs 41,863 crore and projected production of Rs 2,58,152 crore. Union IT Minister Ashwini Vaishnaw gave out the approval letters to the players on Friday. As per a background note circulated by the Ministry on the third tranche of approvals, the nod includes the manufacturing of 11 target
The founder of Aditya Infotech says the rollout of STQC norms has improved trust and compliance in India's surveillance market, and helped the firm scale up capacity and gain market share
Petroleum products, and electronic goods are helping India increase its exports to China, with which it has a huge trade deficit of about USD 100 billion, according to the commerce ministry data. India's exports to China rose from USD 9.20 billion in April-November 2024 to USD 12.22 billion in April-November 2025, an increase of 32.83 per cent year-on-year. Petroleum products emerged as the largest contributor in the exports to China. It was followed by electronic goods, marine products, and oil meals, the data showed. "This sharp increase highlights strengthening trade momentum with China, supported by higher demand across key commodity segments and improved export performance over the period," an official said.
While the company's overall sales are growing at 5 per cent M-o-M, its customer count is growing at nearly 6-7 per cent
The company also aims to transition from a consumer-electronics company to one that offers complete end-to-end solutions, Alaylo said
India has ten semiconductor projects in the works, spanning fabs, outsourced semiconductor assembly and test (OSAT) units and assembly, testing, marking and packaging (ATMP) facilities
Rajaa said the state has attracted Rs 11.4 trillion in MoU-based investments since the DMK took charge, with nearly four-fifths of projects already in implementation stages