Home-grown consumer electronics brand Micromax Informatics on Wednesday announced its foray into renewable energy segment with the launch of Startup Energy. This new venture aims to revolutionize solar panel manufacturing in India, driving the widespread adoption of sustainable energy and supporting the country's ambitious clean energy mission, a company statement said. As the world accelerates its transition to clean energy, Startup Energy is poised to play a pivotal role in India's renewable energy revolution, it added. The company will focus on producing high-efficiency solar panels for residential, commercial, and industrial applications, ensuring affordable and scalable solar power solutions across the country. "Our goal is to make clean energy more accessible, reliable, and cost-effective, ensuring that individuals and businesses alike can benefit from sustainable power solutions," Rajesh Agarwal, Managing Director, Micromax Informatics said. As part of this expansion, Micro
Electronics company Micromax and Taiwan's storage chip company Phison have set up a joint venture, MiPhi, to design and manufacture artificial intelligence-enabled storage chipsets modules locally, a senior official of the Indian firm said. Micromax Informatics Co-Founder Rahul Sharma told PTI that the company has started production at its Noida facility. "Phison is a leader in NAND controller and NAND storage technologies. We have partnered with them to set up a joint venture in India in which Micromax will have 55 per cent stake and 45 per cent will be with Phison," Sharma said. He said that the firm will focus on designing storage chipsets for servers which is a very important element for any country from both security and strategic perspective. "With this venture, we aim to bring down the cost of GPU by one-tenth... the lowest per token cost in the world. This will help us in disrupting the AI landscape not only in India but also in specific agreed-upon regions," Sharma said.
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Described as India's first subscription-based TV service, Dor will be available on Flipkart from December 1, with plans to expand to other platforms and offline distribution channels in the future
The Indian smartphone brands are looking to fill the vacuum created in the sub-Rs 10,000 segment
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Now, as the Centre seeks to come out with a framework on 'Right to Repair' to facilitate self or third-party repair of products, chances are that new products will be available in the open market
Before September 2020, there was no import duty on such panels, but from October 1, 2020, an import duty of 10% is levied under the Centre's phased manufacturing programme
Home-grown smartphone maker Micromax on Friday launched a new affordable smartphone called IN 2b in two storage variants.
The Micromax In 2b event will begin at 12 noon tomorrow
Micromax on Friday said it will significantly bolster its product portfolio this year
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Sharma's new approach for Micromax banks heavily on the political mobilisation against Chinese brands and the Indian government's recent initiatives to sideline them
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The scheme aims to make India a manufacturing and export hub for mobile phones
The first of a two-part series analyses the feasibility of goals set for electronics manufacturing
The sectors that were targeted were telecom, pharma, media companies, smartphone makers, construction, and tyre firms
The government will offer the scheme to five global and domestic entities.
Offering bundled products and targeting big retail will be the key planks of phone maker's growth strategy
Micromax, which is facing intense competition from Samsung and Xiaomi, Oppo and Vivo, among others, in the Indian market, operates in Russia, Middle East, Nepal, Bangladesh and Sri Lanka