Proposed amendments seek to simplify tax rules for data centres, improve ease of doing business and provide long-term certainty for electronics manufacturers and cloud firms
India has also exempted from tax foreign companies' income from storing and providing parts used to manufacture such electronics components to contract manufacturers until 2041
The West Asia conflict and a surge in AI server demand have caused a shortage of printed circuit boards, a key hardware platform, which in turn has triggered a price rise in the electronics industry. This crunch in printed circuit boards (PCB) -- a hardware platform on which components are fixed in electronic products -- stems from rising material costs, supply chain disruptions in key shipping routes, and component diversion toward high-end artificial intelligence hardware. The shortage of PCBs comes at a critical juncture for Indian industry as several major investments amounting to over Rs 15,000 crore are in the pipeline under the Electronics Components Manufacturing Scheme (ECMS) amid rising domestic demand. A senior official of electronics manufacturing services firm Syrma SGS told PTI that the recent strike of Iran on facilities in Saudi Arabia has triggered a shortage of some of the chemicals that are used for making PCBs. "The current quarter and the subsequent quarter wil
India's electronics production is rising rapidly, but growing dependence on imported components continues to limit domestic value addition and widen the trade deficit
India's electronics boom is undeniable. The bigger question is whether it's building a deep manufacturing ecosystem, or simply assembling products designed and supplied elsewhere
From electronics and trade to global influence and forestry, today's opinion pieces argue that access creates opportunity, but capability determines lasting success
Duty exemptions on display assembly and wireless charging components, along with expanded relief for lithium-ion cell machinery, aim to boost domestic manufacturing and value addition
The government has waived basic customs duty on goods used in manufacture of display assemblies, lithium ion cell and inductor coil module as it looks to promote domestic production of electronic devices like smartphones, laptops, wearables and smart TVs. The finance ministry issued three separate notifications giving effect to the basic customs duty (BCD) waiver on the goods used in manufacture of the three key components used in electronic devices. This exemption is in line with the government's efforts to promote domestic electronics manufacturing under the PLI scheme. The duty waiver would reduce import dependence and strengthen the electronics ecosystem with local production. This exemption would be valid till March 31, 2029, the notifications said.
The incentive package under Andhra Pradesh's Electronics Manufacturing Policy 4.0 covers proposed investments by EPACK Durable and its subsidiary to expand consumer durables manufacturing
Analysts see opportunities from localisation and backward integration, but warn that intense competition, thin margins and execution risks could weigh on returns
Tata Electronics says its Tamil Nadu iPhone components plant complies with all norms after a TNPCB notice over alleged wastewater discharge
India is steadily gaining ground in Apple's AirPods supply chain as Foxconn ramps up production at its Hyderabad facility
India's copper imports have surged more than 350 per cent in less than a decade amid rising demand, stagnant mining output, and weak refining economics
The steep drop in profit was mainly due to higher raw material cost, employee expense and tax
The West Asia conflict has disrupted critical PCB materials, adding a new layer of cost pressure on electronics makers already dealing with rising memory prices and supply constraints
Government reviews DVA violations under PLI schemes as firms struggle with localisation targets, highlighting gaps in supply chains and innovation capacity
Analysts believe that the EMS industry is a key component of India's broader electronics ecosystem and has shown strong growth in recent years
The government may stop disbursement under Electronics Components Manufacturing Scheme (ECMS) if beneficiaries don't invest in product design technology and meet Six Sigma standards, Union Minister Ashwini Vaishnaw said on Monday. After granting approvals to 29 proposals under ECMS entailing fresh investment of Rs 7,104 crore, the minister warned of weeding out those beneficiaries who do not invest in product design technology. "I am willing to stop any further disbursements or approvals if the industry doesn't come up with the commensurate efforts," Vaishnaw said. The minister pulled up industry body ICEA (India Cellular and Electronics Association) and their member firms for not adhering to the integrated approach set by Meity to boost high quality and self-reliant electronics manufacturing. "Over a period of time those who do not invest in design will be weeded out. We will make sure that they are weeded out. I am saying that very blunt and very open because that is very very ..
Dixon Technologies shares surged after MeitY approved its joint venture with HKC Overseas to manufacture display modules, with analysts expecting improved margins and value addition
The current capital-raise will be deployed to significantly expand manufacturing capacity over the next two years