Electronics Manufacturing Sector

Blue Star may see 35% growth in sales this fiscal, bets big of summer 2025

Despite having a higher base, the company is targeting 20-25 per cent growth in FY26 as well

Presumptive tax regime likely to woo global talent into electronics

Govt proposes only 25% of total remuneration received by expats to be treated as taxable profits

Manufacturing of electronics to double to $200 bn in 3-4 years: Vaishnaw

The scheme to set up outsourced assembly and testing units has been allocated Rs 3,900 crore in the Budget for 2025-26, compared to Rs 2,500 crore allocated last fiscal

Mobile, EMS growth fuels Dixon Technologies stellar Q3; analysts up targets

Dixon Technologies' Mobile and Electronics Manufacturing Services (EMS) division emerged as the primary engine of the company's success during Q3, analysts said.

Govt disburses Rs 1,596 cr in six PLI schemes between Apr-Sep in FY25

The government has disbursed Rs 1,596 crore under Production-Linked Incentive (PLI) schemes for six sectors, including electronics and pharma, during the April-September this fiscal, an official said. The government in 2021 announced PLI schemes for 14 sectors such as telecommunication, white goods, textiles, manufacturing of medical devices, automobiles, speciality steel, food products, high-efficiency solar PV modules, advanced chemistry cell battery, drones, and pharma with an outlay of Rs 1.97 lakh crore. Out of the total Rs 1,596 crore, the maximum amount of Rs 964 crore was disbursed under the PLI scheme for large-scale electronics manufacturing. It was followed by pharma (Rs 604 crore), food products (Rs 11 crore), telecom (Rs 9 crore), bulk drugs (Rs 6 crore) and drones (Rs 2 crore). Incentives disbursed till 2023-24 stood at Rs 9,721 crore, the official said adding the scheme is having a cascading effect on the country's MSME ecosystem. The anchor units that will be built

Hisense in talks with contract manufacturer Epack to pick minority stake

Hisense group, a China-based multinational appliance and electronics manufacturer, is in talks with Epack Durable to acquire a minority stake in a step-down subsidiary of the Original Equipment Manufacturer (OEM). In a clarification to bourses on Tuesday, Epack Durable Private Limited (EDPL) said it is in discussions with the Chinese manufacturer. "We would like to inform you that business discussions are currently in the preliminary stage," said Epack Durable. The Greater Noida-based company further said it will file the requisite disclosure in compliance with applicable laws when required. According to Epack Durable, it is India's second-largest Original Design Manufacturer (ODM) of room air-conditioners based on the total number of indoor and outdoor units. The company, which was listed on NSE and BSE earlier this year, is expanding its manufacturing facilities including at its recently started Sri City. Established in 2002, Epack Durable manufactures RAC (room air-conditioner

India's electronics ambition faces hurdles, but there is a plan of action

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 component manufacturers eye govt support in Budget 2025

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

India's electronics sector threatened by 10 million skill shortage: Report

The electronics value chain is advancing rapidly, but bridging skill gaps is crucial to unlocking its full potential, a report has stated

Tata Electronics to build two semiconductor manufacturing fabs in Gujarat

Construction Tata Electronics' first chipmaking unit in Gujarat is already underway with its first phase valued at Rs 91,000 crore

Made-in-India iPhone 16 series to hit global markets within days of launch

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

Electronics firms seek Rs 35,000 crore PLI support to boost manufacturing

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

FMEG major Havells India's positive outlook may be priced in valuations

Management sounded optimistic about growth in FY25

Electronics industry sees 154% growth in hiring and skilling: Quess report

The telecom domain tops hiring demand within the electronics industry, accounting for 64 per cent of hiring, followed by lighting and automotive sectors

India's electronics exports increase 23.6% to $29.12 billion in FY24

According to commerce department officials, the top five export market of electronics good are - the US, United Arab Emirates, Netherland, United Kingdom, and Italy

Electronics manufacturing will need over 4 mn people: Civil servant

Semiconductors emerging as 'big sector' in country as more investments come in, he says

India needs multi-pronged approach for ESDM sector, says PwC India

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 .

Avalon Technologies joins MeitY's RUDRA supercomputing mission

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

With localisation, electronics manufacturing to be $115 bn in 2024: Report

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

99% of mobiles used in India are made in India, says Ashwini Vaishnaw

'Have moved up value chain in electronics manufacturing'