Page 14 - Electronics

MeitY invites applications for incentives under PLI 2.0 for IT hardware

Ministry of Electronics and Information Technology opens the window for applications under the PLI scheme 2.0 for IT hardware to enhance manufacturing electronics sector

BHEL logs over 17% growth in new orders in 2022-23 to Rs 23,548 cr

State-run engineering firm Bharat Heavy Electricals Ltd (BHEL) logged over 17 per cent growth in new orders bagged in 2022-23 to Rs 23,548 crore compared to the previous year due to its diversified business approach. BHEL secured new orders worth Rs 20,078 crore in 2021-22, according to a company statement. "BHEL secured orders worth Rs 23,548 Crore (excluding taxes) during 2022-23 in its power, industry and export segments and the company ended the year with a total order book of over Rs 91,336 crore (excluding taxes)," it stated. The latest outstanding order book has crossed Rs 1,00,000 crore (excluding taxes) with the finalisation of the prestigious Vande Bharat trainset order in April 2023, it explained. The BHEL-TWL (BHEL-Titagarh Wagons Ltd.) consortium has been awarded an order valued at about Rs 23,000 crore (excluding taxes) for 80 Vande Bharat Trains in one of the biggest Railway tenders for manufacturing-cum-maintenance of Vande Bharat Trains. This order will give furth

Tata Electronic plans to bolster presence in electronics, semiconductor biz

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

Crisil SME tracker: Inflation to hurt MSME growth in electronics sector

But growth will still be healthy as discounts and lower retail prices will cushion the fall

TMS Ep435: Electronics export, Twitter CEO, realty stocks, US debt ceiling

Can India catch up in US electronics exports race? Can the new CEO restore sanity at Twitter? Will strong order book buoy realty stocks? US debt ceiling: Why is the US govt staring at bankruptcy?

After a slow start, PLI scheme may switch on the afterburners in FY24

Rs 8,083 cr is expected to be disbursed this fiscal

Electronics exports grew a whopping 50% in FY23; may overtake drugs, pharma

Smartphones alone accounted for 23% of the rise

Localisation plan: Indian firms to make key components for Apple

This will push the extent of domestic value addition in iPhones

With rising mercury across India, sales of white goods pick up finally

According to consumer durable retailers and manufacturers, orders for compressor-driven products are on the rise, especially in northern India

WTO panel rules against India in ICT tariff dispute with EU, others

The EU has also approached India to resolve the matter through a multi-party interim appeal arbitration arrangement (MPIA)

Electronics exports cross Rs 1.8 trn, mobiles alone surpass Rs 90K cr

Top exporting destinations for mobile phones include the UAE, the US, the Netherlands, the UK, and Italy

TN govt, IIT Madras tie up to connect rural students to electronic science

Initiative designed to cover 100,000 students from 252 govt schools

Electronics trade group announces IESA new council, Sanjay Gupta is chief

Organisation represents the country's electronics system design and manufacturing industry

Shortage of electronic parts may affect production in FY24: Maruti Suzuki

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

Orient Electric Cloud 3 Fan review: Quite a mist-ical experience, literally

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

Top headlines: UBS likely to buy C Suisse, direct tax collection up 15.3%

Business Standard brings you the top headlines at this hour

PLI scheme push: Electronics is India's fastest-growing export

The government has an aggressive target for exports of electronics

Retail electronics firms scale up inventory, anticipating demand surge soon

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

Electronic sensors recovered from downed Chinese spy balloon: US military

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.

Govt set to ban 138 betting apps, 94 loan apps with Chinese links: Report

The communication was issued to Ministry of Electronics and Information Technology (MeitY) by the Union Home Ministry