Electronics

Samsung forecasts record profit surge as AI-driven chip prices soar

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

Electronics industry targets 16 products to reduce import dependence

ICEA response to PM's 100-product manufacturing push

Motherson secures PLI incentives for electronics components manufacturing

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

Apple leads ECMS drive, ties up with five anchor vendors for India ops

These anchor vendors are expected to generate direct employment for over 27,614 people and create multiple times more indirect jobs

Govt okays 22 proposals under electronics components manufacturing scheme

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

STQC norms rollout has boosted Indian surveillance companies, says Khemka

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

India's exports to China rise on petroleum and electronics shipments

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.

Quick commerce platform BigBasket targets 50-60% revenue growth in FY26

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

TP Link India plant to initially focus on catering to domestic demand: COO

The company also aims to transition from a consumer-electronics company to one that offers complete end-to-end solutions, Alaylo said

Incentivise buyers to purchase India-made chips, says industry body

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

78% of Tamil Nadu's ₹11.4 trn MoUs now under implementation: TRB Rajaa

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

Govt approves 17 projects under electronics component manufacturing scheme

The government on Monday approved 17 projects entailing about Rs 7,172 cr investment across six categories under the Electronics Component Manufacturing Scheme (ECMS), underlining India's resolve and its decisive push into producing high-value components. These projects will lead to production worth Rs 65,111 crore cumulatively. "You have shown the way on how India will become major electronics manufacturing hub," Minister for Electronics and IT, Ashwini Vaishnaw said at an event announcing the second tranche of approvals. To achieve long-term success, India will have to focus on building design teams, ensuring six sigma quality standards in all products, and partnering with 'Swadeshi' suppliers in projects. Quality systems will be key part of evaluation process, the minister added. "The way geo-politics and geo-economics is emerging, the challenges will be bigger and in those challenging period your ability to have good supply chain control will define your resilience and ability

Added electronics consumption of ₹20 trn likely due to GST rejig: Vaishnaw

Additional electronics consumption worth Rs 20 lakh crore is expected to take place this year due to GST reforms rolled out by the government last month, Union Electronics and IT Minister Ashwini Vaishnaw said on Saturday. The minister said that data from all retail chains shows there were 20-25 per cent more sales in comparison to last Navaratri and there are many such categories, like 85-inch TV where stocks were completely sold out. "The increase in demand for electronics goods is directly impacting electronics manufacturing. Electronics manufacturing is now growing at a double-digit CAGR. It is very likely that the consumption will increase more than 10 per cent this year, which means, there is a high possibility of Rs 20 lakh crore extra consumption compared to last year," Vaishnaw said. He was speaking at a joint press conference with Finance Minister Nirmala Sitharaman and Commerce and Industry Minister Piyush Goyal on savings due to GST reforms which came into effect from .

Electronics sector calls for PE tax parity with China and Vietnam

India's electronics production is worth $135 billion, of which smartphones comprise $64 billion, according to ICEA. Smartphone production has grown 20-fold in the last decade

2D materials: India's chance to leapfrog in the semiconductor race

India must prioritise 2D materials to leapfrog in semiconductors, quantum computing, and energy tech, securing strategic IP, economic growth, and global influence

Consumers struggle to get GST rate cut benefits on food, medicines: Survey

Despite lower GST rates on most food items and medicines, many consumers report only partial or no price relief, highlighting gaps in implementation and last-mile enforcement, a recent survey said

Moglix adopts supply-chain hedging as India eyes chip self-reliance

B2B platform Moglix is securing global suppliers for critical components as it aligns with India's expanding semiconductor and electronics ambitions

US online retailers delist millions of banned Chinese electronic items

Earlier this week, the FCC said it plans to vote this month to tighten restrictions on telecommunications equipment made by Chinese companies deemed national security risks

India, Korea to explore joint initiatives in electronics and EV components

India and Korea have agreed to explore joint initiatives in electronics and electric vehicle (EV) components, and digital supply chains, the commerce ministry said on Friday. It was discussed between the Minister of State for Commerce and Industry Jitin Prasada and his Korean counterpart Yeo Han-Koo. "In discussions...the focus areas included collaboration in manufacturing, digital technologies and clean technologies. The two sides agreed to explore joint initiatives in electronics, EV components, and trusted digital supply chains," it said. He also held bilateral meetings with ministers from Japan, South Africa, the Netherlands and discussed ways to boost trade and investments. The meeting was held on the sidelines of the G20 Trade and Investment Ministers' Meeting (TIMM) in Gqeberha, South Africa. In the discussions on the WTO (World Trade Organisation), Prasada called for the restoration of a fully functional, two-tier dispute settlement system with an operational appellate ...

Behind the electronics surprise: India's path to $500 billion by 2030

India's one Achilles heel in electronics production has been its heavy dependence on smartphones, that too a lot on exports