Government Bans Duty Free TV Imports from August 26; Says The Move Unrelated To Falling Rupee

Amidst speculations that the government was seriously contemplating to extend its decision to hike import duty of items like Gold, Silver and Platinum to non-essential goods like TVs and refrigerators in order to curb the current account deficit, we first heard that the decision was shelved due to India’s compliance with various international treaties with [...]

Electronics Export Council to Unveil strategy to Tap Electronics Market Potential in Africa

Monday, August 12, 2013: The government supported association, Electronics and Computer Software Export Promotion Council (ESC), will soon come up with a strategy to tap the African region, the huge potential market for export of electronics hardware and software. The strategy will help the industry to penetration the region and explore the markets, a ESC [...]

Su-Kam signs MoU with Tata Power Delhi Distribution Ltd to offer subscribers exclusive rates for rooftop solar power plant installations

Wednesday, 07 August 2013: Su-Kam Power Systems Limited, the leading player in the power back-up industry in India and Tata Power Delhi Distribution Limited (TPDDL), a Tata Power and Government of Delhi joint venture company, which distributes electricity in North & North West Delhi, signed a Memorandum of Understanding (MoU), under which subscribers and employees of [...]

Photo Courtesy PIB

Industry Captains to PM: ‘Convert decisions into actions to Bring the Economy Back to Track’

Monday, July 29, 2013: The Prime Minister`s Council on Trade & Industry met at his residence, 7 Race Course Road, New Delhi to brainstorm and discuss key problems relating to subdued growth, volatile exchange rate and widening current account deficit giving the Indian economy an outlook of gloom. The agenda focused on measures to correct the [...]


Praful Patel launches Electrical Mission Plan 2022; Calls for Govt. Intervention for Domestic Industry’s Growth

While launching the Mission Plan for Electrical Equipment Industry, 2012-22 that aims to increase the industry output to $100 billion from the current value of $25 billion, the union minister Praful Patel unequivocally pitched for protection of and preference to domestic industry by the government saying this is the norm world over and India too [...]


‘Policy Push by The Govt May See Indian LED Market Expand Manifold In The Next 5 Years’

With 2 Crore LED based lights required by the Government in the 12th Five Year Plan (2012-17) and the subsequent policy thrust to synergise this ‘demand & supply’, LED market is growing ‘lightening fast’! LED market in India always had a huge potential to grow because of its sheer utility. Light Emitting Diodes (LEDs) devices [...]


First Investment Approvals Worth Rs 9.61 Billion Under Modified Special Incentive Package scheme

Putting to rest the speculations that bureaucratic lethargy may have been delaying the execution of ambitious Modified Special Incentive Package Scheme (MSIPS) to promote manufacturing investment, the government has set the ball rolling by sanctioning three big proposals and promising 14 more within a month. Friday, July 12, 2013: Indian units of Samsung Electronics and [...]


India eyeing $400 bn electronics base by 2020

Friday, June 21, 2013: Having established itself as the backroom office for global businesses with a flourishing outsourcing industry, India is taking steps to expand its electronics manufacturing base to avoid imports, arrest dollar outflows and add jobs, a top official has said. ”We are importing so much of electronics items that we are draining our [...]


Electronics Industry Roots for Tapping Huge Potential in Design; Seeks Embedded Tech Parks

While a lot of impetus has been thrust upon manufacturing sector in electronics, the potential in design has remained largely untapped. Instead, India’s competitors like Taiwan, China and Korea has benefited hugely by India’s design capabilities. $20 billion worth of chips manufactured in these countries has chip design work done in India that go into [...]


‘Three Greenfield Electronic Manufacturing Cluster Proposal in Final Stage of Approval’

Friday, July 13, 2013: ‘The process of setting up of Greenfield Electronic Manufacturing Clusters is getting kick started. So far 08 applications have been received involving investment of approximately Rs. 2100 crore and an area of 1805.29 acres for setting up of Greenfield Electronic Manufacturing Clusters’, Kapil Sibal, minister for communications & IT and law [...]