Page 7 - Electronics Manufacturing
Panel approves 32 beneficiaries under PLI for large-scale electronics mfg
An empowered committee headed by NITI Aayog CEO on Friday approved 32 beneficiaries under the production linked incentive scheme for large scale electronics manufacturing, including 10 for mobile manufacturing, the Aayog said. The Aayog in a tweet said the Parameswaran Iyer-headed committee approved the first incentive for mobile manufacturing under the PLI scheme for large scale electronics manufacturing. This is the first-ever disbursement under any PLI scheme, it added. "32 beneficiaries were approved under the #PLIscheme for Large-Scale Electronics Manufacturing, of which 10 (5 global and 5 domestic companies) were approved for mobile manufacturing," NITI Aayog said. The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, advance chemistry cell and speciality steel. The objective of the scheme is to make domestic manufacturing globally competiti
 "Panel approves 32 beneficiaries under PLI for large-scale electronics mfg")
Electronics supply chain must give equal access to everybody: Chandrasekhar
We expect transparency in supply chains from all players in the ecosystem, minister says
 "Electronics supply chain must give equal access to everybody: Chandrasekhar")
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
 "Sahasra Semiconductors plans to invest Rs 750 cr to set up memory chip unit")
India's plan to develop semiconductor ecosystem set in motion
The govt has received five proposals for setting up of semiconductor fabrication and display fabrication units worth Rs 1.53 lakh crore. Will India become a global semiconductor manufacturing hub?
 "India's plan to develop semiconductor ecosystem set in motion")
No dual control on mobile device makers by DoT: Ashwini Vaishnaw
Move to bring the curtains down on the battle between mobile makers and DoT
 "No dual control on mobile device makers by DoT: Ashwini Vaishnaw")
India aims to be $250 bn electronic manufacturing hub in 5 years: Minister
Ashwini Vaishnaw said that the government is keen to make India a $250 billion electronic manufacturing hub in the next five years.
 "India aims to be $250 bn electronic manufacturing hub in 5 years: Minister")
NPE targets, GST correction may push cellphone production by $15 bn: ICEA
The National Electronics Policy 2019 had set a target to create a USD 400 billion electronics manufacturing ecosystem by 2025
 "NPE targets, GST correction may push cellphone production by $15 bn: ICEA")
LG Display to invest $2.8 bn to expand OLED display production capacity
LG Display, a major display panel maker in South Korea, said on Tuesday it will invest 3.3 trillion won ($2.8 billion) to expand its medium-and-small sized OLED display production capacity
 "LG Display to invest $2.8 bn to expand OLED display production capacity")
Comply with order once moratorium ends
NCLT Mumbai Bench's moratorium order was effective from December 3, 2018, to May 2, 2020.
Scheme for IT hardware: PLI pledges miss govt's ambitious target
Production and export commitments by 19 companies are much lower than government's projections
 "Scheme for IT hardware: PLI pledges miss govt's ambitious target")
Success of PLI scheme depends on how well Apple's India plans shape up
India is to be Apple's second significant global hub
 "Success of PLI scheme depends on how well Apple's India plans shape up")
Centre targets global majors for semiconductor fabrication plants
MeitY draws up list of potential players
 "Centre targets global majors for semiconductor fabrication plants")
PG Electroplast to invest Rs 100 cr to expand its Ahmednagar plant
The expansion will create over 600 jobs locally and enable the company to improve both its capabilities and capacities for manufacturing Air Conditioners and other appliances, said PGEL in a statement
 "PG Electroplast to invest Rs 100 cr to expand its Ahmednagar plant")
Explained: How the PLI scheme works for laptops, tablets and mobile devices
The second part of a report on the productivity-linked incentive scheme examines anomalies for makers of laptops, tablets and mobile devices
 "Explained: How the PLI scheme works for laptops, tablets and mobile devices")
PLI scheme: Lava seeks to reboot with first locally made smartphone
Wishes to cash in on geopolitical situation, hopes anti-China sentiment will work in its favour
 "PLI scheme: Lava seeks to reboot with first locally made smartphone")
iPhone maker Wistron agrees to lapses in payment of wages, sacks India VP
Assures that all workers will be fully compensated immediately
 "iPhone maker Wistron agrees to lapses in payment of wages, sacks India VP")
Tata Group to set-up electronic components manufacturing unit in Chennai
A government official told PTI that a Tata Group firm has applied for incentive at Meity but could not confirm other details
 "Tata Group to set-up electronic components manufacturing unit in Chennai")
Amara Raja manufacturing facilities at near 100% capacity utilisation
The company registered a 35 per cent year-on-year growth in inverters and 40 per cent growth in 2W batteries,
 "Amara Raja manufacturing facilities at near 100% capacity utilisation")
Best of BS Opinion: Financial offences, new MPC's first policy, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Financial offences, new MPC's first policy, and more")
India's electronics manufacturing dream
…but are we chasing yesterday's dreams?