The government on Monday said it will reopen the application window for the PLI scheme for white goods, including ACs and LED lights, for 90 days from July 15. The industry has an appetite to invest more under the production linked incentive (PLI) scheme, the commerce and industry ministry said. The application window shall remain open from July 15 to October 12. No application shall be accepted after the closure of the application window. In order to avoid any discrimination, both new applicants as well as existing beneficiaries of the scheme who propose to invest more by way of switching over to higher target segment, would be eligible to apply. So far, 66 applicants with committed investment of Rs 6,962 crore have been selected as beneficiaries under the PLI scheme. Under the guidelines of the scheme, applicants shall only be eligible for incentives for the remainder of the scheme's tenure. "The applicant approved in the proposed third round would be eligible for PLI for maxim
The Sony Bravia 85X95L Mini LED TV is based on Google TV platform with access to over 10,000 apps and games and 700,000+ movies and TV series. It also works with Apple AirPlay 2 and HomeKit
LG Electronics said it has showcased the world's largest organic light-emitting diode (OLED) TV at the latest trade show in the US in a bid to target the premium TV market in North America
Aiwa is back now - this time with a fundamentally changed strategy
Blaupunkt has entered exclusive licensing contract with SPPL in which its manufacturing, branding, designing, packaging, and retailing supply chain will be handled by SPPL in India
TCL Electronics on Monday unveiled a new line-up of Mini LED, QLED and 4K HDR TVs that offer a comprehensive range of lifestyle features for the millennials and the young population.
Prices for LED TV and appliances such as refrigerator, washing machines are expected to go up by around 10 per cent from January next year on account of rise in costs of key input materials like copper, aluminium and steel and increase in ocean and air freights charges. Besides, prices of TV panels (Opencell) have also gone up by over two-folds due to short supply by the global vendors, while cost of plastic has also gone up due to rise in crude oil prices, said manufacturers. Terming it as imminent and unavoidable, manufacturers such as LG, Panasonic and Thomson are going to increase the prices from January, however, Sony is still reviewing the situation and is yet to take a call on this. "We expect the increase in commodity prices to impact our product pricing in near future. I anticipate the prices to go up by 6-7 per cent in January itself and may go up to 10-11 per cent towards end of FY Q1," said Panasonic India President & CEO Manish Sharma. LG Electronics India is also ...
Sony on Thursday launched a new 65-inch 4K HDR OLED TV in A8H series for Rs 2,79,990 in the India market
Is SLED a real breakthrough in display technology or just another marketing gimmick? Let's find out
In FY20, firm reported its first decline in annual revenues and profits after 2 decades of uninterrupted growth; quarterly revenues declined for 3rd quarter in June
The rupee's appreciation against the dollar by four-five per cent