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Contraction in global manufacturing output lower than expected at 3.9% in 2020
India, China, Japan, and the US have together racked up in excess of $ 200 billion in lost MIO (Manufacturing Industry Output) potential in 2020, says Interact Analysis report. Machine tools were the biggest casualties globally, while semiconductors and electronics machinery sector emerges virtually unscathedRead more
Philip Harting re-elected as Chairman of ZVEI’s “Electronic Components and Systems†trade association
Harting has been an elected member of ZVEI's board of directors since 2014. Read more
TDK launches snap-in aluminium electrolytic capacitors
The capacitors feature an excellent maximum ripple current capability of 9.80 A (400 V, 100 Hz, 60 °C); thus, making them ideal for demanding applications in power electronicsRead more
EcoCortec develops first compostable packaging technology for electronics parts
Eco-Corr Film was tested as part of the pilot project of packaging car parts for shipment to a car-maker's plant in Pune, India. Manufacturer was able to cut the amount of conventional plastic packaging by half thus eliminating a significant amount of plastic waste.Read more
PLI scheme for bulk drugs and medical devices receives 243 applications
Production Linked Incentive (PLI) Scheme for bulk drugs and medical devices, which closed on 30 November 2020, received 215 and 28 applications from manufacturers of bulk drugs and medical devices respectivelyRead more
Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn
10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more
Syrma Technology and SGS Tekniks merge to create Rs 10 bn electronics firm
The merged entity - named Syrma SGS Technologies Pvt Ltd - will become one of the leading companies in electronic manufacturing services (EMS) field having eight manufacturing facilities in India.Read more
Blue Star wins Rs 1.28 billion order from Taiwan’s electronic firm Wistron
Wistron Infocomm, which has been producing electronic devices at its existing factory at Kolar (Bengaluru), has embarked upon its Phase II expansion as a part of which, it is constructing a large manufacturing block and an IT building.Read more
Extend PLI scheme to MSMEs to boost electronic manufacturing in India: Study
According to a research study of MVIRDC World Trade Center Mumbai, government should reduce the investment limit under the PLI scheme for select electronic components to Rs 200 million from Rs 1,000 million to allow MSMEs to participate in this scheme. Read more
Fuji Electric donates 4 UPS units to Sassoon Hospital for COVID fightback
These UPSs will be used to support the emergency lighting as well as all the critical medical equipment in the specially designated wing set up in the hospital for treatment of COVID-19 patients.Read more