Tata Electronic's expansion plans are being seen as an extension of its ongoing acquisition of Wistron's iPhone manufacturing unit in Karnataka's Kolar district
But growth will still be healthy as discounts and lower retail prices will cushion the fall
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Rs 8,083 cr is expected to be disbursed this fiscal
Smartphones alone accounted for 23% of the rise
This will push the extent of domestic value addition in iPhones
According to consumer durable retailers and manufacturers, orders for compressor-driven products are on the rise, especially in northern India
The EU has also approached India to resolve the matter through a multi-party interim appeal arbitration arrangement (MPIA)
Top exporting destinations for mobile phones include the UAE, the US, the Netherlands, the UK, and Italy
Initiative designed to cover 100,000 students from 252 govt schools
Organisation represents the country's electronics system design and manufacturing industry
Firm has already posted a 5.6 per cent dip in March even as it says it took all possible measures to minimise the impact
The Orient Electric Cloud 3 is a novel pedestal fan good for spaces where coolers and air conditioners cannot be installed. It is, however, not an alternative to any of these
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The government has an aggressive target for exports of electronics
This buildup is owing to the fact that demand peaked before Diwali and then drastically declined afterwards due to high inflation and thus retailers cut down inventory levels
The United States has recovered the electronic mechanism and key sensors, presumably used for intelligence gathering, from the suspected Chinese spy balloon, officials announced on Monday.
The communication was issued to Ministry of Electronics and Information Technology (MeitY) by the Union Home Ministry
Mobile phones and TV sets manufactured in India would become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in Basic Customs Duty (BCD) on import of their components but smokers would have to pay more as the government has increased taxes. Fully imported cars, including electric vehicles, and those assembled in India with imported parts will also become costlier with the finance minister increasing customs duty. Following is a list of imported items that will become costlier: *Cigarettes *Kitchen chimney *Imported bicycles and toys *Fully imported cars and Electric Vehicles *Imitation jewellery *Compounded rubber * Silver dores *Naphtha However, certain goods will become cheaper as the government has slashed the customs duty and these are: * Domestically-manufactured TV sets * Shrimp feed * Fish lipid oil used in manufacturing aquatic feed * Seeds for lab-grown diamonds * Capital good *Machinery for manufacturing lithium ion cell to be used in electri
Samsung is expected to launch the Galaxy S23 series smartphones and Galaxy Book3 series laptops at its first Galaxy Unpacked event on February 1, 2023