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Government to develop parks and dormitories near manufacturing clusters
Twelve industrial parks under the National Industrial Corridor Development Programme will also be sanctioned, with significant progress already in Uttar Pradesh and Tamil Nadu. Read more
Component PLI top ask of electronic firms for upcoming Budget
The industry body has also asked for a Rs 400-450 billion package for the components ecosystem, extended over six-seven years.Read more
Display manufacturing needs more attention; ICEA
For India, display manufacturing presents a unique opportunity to attract international companies seeking to diversify their display supply chains beyond certain geographies. Read more
Electronic companies seek Rs 300 billion PLI scheme
The scheme aims to elevate domestic value addition in mobile phone manufacturing to 35-40%.Read more
India needs more domestic mobile phone manufacturers; ICEA chairman
Government policies have been instrumental in this growth, the unpredictability stemming from certain actions of enforcement agencies needs to be addressed.Read more
India's electronics exports soar over 22%, fuelled by iPhone Surge and Production Incentives
Between April and December 2023, mobile phone exports constituted 52% of the total electronics exports, reaching $10.5 billion.Read more
Arrest of Lava International founder shakes mobile manufacturing industry
ICEA chairman Pankaj Mohindroo expressed deep concern, acknowledging the plummeting morale within the industry and the discouragement felt by national champions.Read more
India's PLI 2.0: Gateway to IT hardware revolution
With a substantial budgetary allocation exceeding $2 billion, this initiative signifies a significant shift toward strengthening the IT hardware manufacturing sector within the country, as stated in the ICEA's official release.Read more
Indian Mobile Phone exports soar, nearing $5.5 billion in 2023
During the period between April and August 2023 alone, India exported mobile phones amounting to around $3 billion, equivalent to about Rs 24,850 crore.Read more