Page 3 - Electronics Manufacturing Sector

Expand PLI scheme for electronics inputs and components, ICEA tells Centre

The organisation has projected that components and sub-assemblies could provide a $100-billion export opportunity in the next five years

Top headlines: Consumer protection rules, Infosys may overtake Cognizant

Business Standard brings you the top headlines at this hour

India may allow Chinese JVs with Indian cos for electronics manufacturing

Officials added that any proposal for a JV could be considered if that leads to the growth of the electronics manufacturing ecosystem in India

Electronics Mart makes strong debut; lists at 53% premium over issue price

The stock listed at Rs 90, a 53 per cent premium to its issue price of Rs 59 per share on the National Stock Exchange (NSE) on Monday.

Govt may clear semiconductor unit proposals in next 30-60 days: MoS IT

The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. Speaking at IESA Vision Summit, Chandrasekhar said there has been a tremendous progress in the development of the semiconductor ecosystem in the country in the last 8-9 months. The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investment of Rs 1.53 lakh crore. Vedanta Foxconn JV, IGSS Ventures, ISMC propose to set up electronic chip manufacturing plants with USD 13.6 billion investment and have sought support of USD 5.6 billion from the Centre under the Rs 76,000 crore Semicon India Programme. "Over the next couple of months, I think over next 30 to 60 days... Government of India and India Semiconductor Mission will be rolling out those proposals that have been scrutinized and that

Electronics supply chain must give equal access to everybody: Chandrasekhar

We expect transparency in supply chains from all players in the ecosystem, minister says

Syrma SGS Technology subscribed 37% on the first day of issue

Through the IPO, the company is planning to raise Rs 766 crore by issuing fresh shares

Sahasra Semiconductors plans to invest Rs 750 cr to set up memory chip unit

Electronics firm Sahasra Semiconductors has said it expects to become the first company to set up a memory chip assembly, test and packaging unit in the country and start selling locally-made chips

India emerged stronger despite huge loss due to Covid: Rajeev Chandrasekhar

Rajeev Chandrasekhar said the govt has been cognizant of the rapid pace of digitalization thrust upon the country by pandemic and the ability to face this calamity with resilience has been appreciated

Top headlines: Amazon to manufacture locally, SAT stays SEBI ban on Biyani

Amazon said it will begin making devices in India for the first time. More on that story and other headlines this evening.

Crompton Consumer: Strong demand, mkt share gains may help sustain growth

Jefferies estimates a 13% annual growth in topline during FY20-23, as well as margin expansion

Addressable market for OEMs likely to be over Rs 10 trn by 2025: Report

The addressable market for components manufacturers after deducting the conversions cost, handling charges, margins, etc is estimated at around Rs 6.5 to 7.5 trillion

Mobile companies commit Rs 11,000 cr investment under PLI scheme: ICEA

According to the estimates of India Cellular and Electronics Association (ICEA), mobile phone companies will increase devices production in the country to around Rs 27.5 trillion

Firms may look beyond mobiles to meet ambitious electronics goal

The last of the 2-part series analyses the challenges in ramping up non-mobile device manufacturing

Make in India boost: Samsung, Foxconn, Lava likely to apply for PLI scheme

The government will offer the scheme to five global and domestic entities.

Top 10 biz headlines: Weak corporate earnings, restarting economy and more

From coronavirus impact on various sectors to how electronics majors are looking for ways to revive sales, here are the top ten business headlines of the day

India's electronics manufacturing can gain from China's loss, says Prasad

IT and BPO firms to get work from home exemption for staff till July 31, says Ravi Shankar Prasad

India attracts over Rs 1.28 lakh cr in electronic manufacturing: Prasad

The IT minister said that the country is likely to have half a billion Internet users by the end of this year.