Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
What India needs is to replicate the Apple Inc model and get global giants to build scale in the country by focusing on not only the domestic market but also exports
Electronics manufacturers hope for a production-linked incentive scheme in the upcoming Budget, while the government hopes production can move to Tier II towns to generate jobs
The electronics value chain is advancing rapidly, but bridging skill gaps is crucial to unlocking its full potential, a report has stated
Construction Tata Electronics' first chipmaking unit in Gujarat is already underway with its first phase valued at Rs 91,000 crore
Apple is set to unveil its highly anticipated iPhone 16 series, which boasts new AI features, on Monday, with global sales expected to begin 10 to 12 days later
ICEA said the scheme would increase domestic value addition, especially in mobile phone manufacturing, from the current 18 per cent to 35-40 per cent, to support the growing demand
Management sounded optimistic about growth in FY25
The telecom domain tops hiring demand within the electronics industry, accounting for 64 per cent of hiring, followed by lighting and automotive sectors
According to commerce department officials, the top five export market of electronics good are - the US, United Arab Emirates, Netherland, United Kingdom, and Italy
Semiconductors emerging as 'big sector' in country as more investments come in, he says
India needs a multi-pronged approach for the Electronics System Design and Manufacturing (ESDM) sector to leverage the momentum for value chain resilience, as the window of opportunity created by the current geopolitical context is very small, according to a report. "Decisive policy action is the need of the hour," said PwC India's report on 'The India Opportunity: Developing Resilient Electronics Supply Chains'. It noted that India is uniquely placed among global economies, having garnered goodwill as a reliable partner for countries across the world. "The country must now leverage this momentum to ensure that its internal strategy and operations enable it to become future ready. A multi-pronged approach is essential to ensure that the centre of the ESDM sector in India holds firm," the report said. Emphasising that the next decade will be crucial for this, given the window of opportunity for India to be a part of the value chain -- created by the geopolitical context -- is very .
The partnership will add to the indigenous manufacturing capability of High-Performance Computing (HPC) systems that are a part of the 'RUDRA' programme, said the company in an announcement
India's electronics manufacturing sector is set to grow 15 per cent to be worth USD 115 billion in 2024, with players continuing to focus more on higher levels of value addition in terms of components and development of products. The production of mobile phones, the poster boy of the country's electronics manufacturing, is expected to surpass USD 50 billion by March 2024 from around USD 42 billion in the previous financial year. Google's Pixel smartphone production in India from the first quarter of 2024 will complete the manufacturing presence of all global majors in the country. India Cellular and Electronics Association (ICEA) Chairman Pankaj Mohindroo said the total production of electronic goods in the financial year 2023-24 is estimated to reach USD 115 billion, buoyed by an exceptional contribution of mobile phones, which is estimated to exceed USD 50 billion in the current fiscal. According to data shared by the government, domestic electronics manufacturing increased over
'Have moved up value chain in electronics manufacturing'
Kochi-based SFO Technologies, the flagship company of the NeST Group, is all set to go public in the next two years' time, the company said on Friday. SFO Technologies, which is one among the largest exporters of electronics hardware in the country, is planning to take the IPO route for major expansion projects, it said. Chairman and Managing Director of NeST N Jehangir said the group has busted the myth that Kerala is not industry friendly. "NeST group, over years, has broken the myth that the state is not industry friendly," he said, adding that in the past 30 years they have not faced any labour issues. In a release issued by the NeST, Jehangir said they employ 35-40 per cent women staff in their plants and development centres in Kerala to encourage women empowerment and gender equality. "Women excel in every facet of operations and management, including mission critical assignments. With over 60-plus Original Equipment Manufacturers (OEM) customers and exporting to 56 countrie
Electronics exports grew over 56 per cent in the April-June period, reaching Rs 57,220.24 crore, as against Rs 36,533.18 crore in the corresponding period of last year
The govt is right on the path to achieve the $300 bn electronics manufacturing target which will be a massive 20-25 times growth in almost a decade, Union Minister of State for Electronics and IT said
The Noida-based company will debut bourses on June 16, and join listed peers Dixon Technologies, Amber Enterprises, Syrma SGS, and Elin Electronics
India's failure to grab the opportunity is reflected in the fact that its share of US electronics imports was an abysmal 0.8 per cent in 2022
HP Inc is already manufacturing multiple PC products, including laptops in India, as part of the government's 'Make in India' initiative