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Indian smartphone manufacturers struggle with PLI targets, call for scheme extension
While global giants like Foxconn, Wistron, and Samsung have contributed to the success of the PLI scheme, a senior executive from Lava emphasised the need for more time to establish local champions in the manufacturing industry.Read more
Musashi India, Delta Electronics, Toyota Tsusho enter into JV for 2W EV drive units
Under this JV, Musashi and Delta will jointly develop the EV drive unit and Toyota Tsusho will handle the distribution through its global logistics network.Read more
Electronica India, productronica India shine spotlight on Indian electronics industry
Trade fairs electronica India and productronica India, held from September 13 to 15, 2023, witnessed 39,133 visitors and over 1,800 buyer-seller meetings. Events shaped the future of electronics manufacturing with special focus on emerging segments such as semiconductor manufacturing, display manufacturing and electric vehicles.Read more
MOLDEX, FASTNEX India 2024 shapes future of moulding, fastener excellence
Messe Stuttgart India unveil MOLDEX India 2024 and FASTNEX India 2024, from January 19 to 22, 2024 at the Bangalore International Exhibition Centre (BIEC). It co-locates with IMTEX Forming, Tooltech, Digital Manufacturing, and WELDEXPO 2024.Read more
Pro-faceo is revolutionising the concept of HMI with Futuristic Products
Pro-face is a pioneer in Human-Machine Interfaces (HMI) Technology providing a range of cutting-edge products bridging the gap between Humans and Machines. It was founded in 1972 in Japan as a subsidiary of Digital Electronics Corporation.Read more
Samsung receives Rs 500 cr incentives under PLI Scheme for increased production
The South Korean electronics manufacturer had submitted a claim under the PLI scheme for large-scale electronics manufacturing, which was introduced in 2020.Read more
EV Battery prices drop 10% in August amidst dampened demand
As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more
Tata Electronics plans over Rs 500 Cr loan for Hosur Expansion
The inaugural phase (referred to as 1A) of its manufacturing facility commenced operations in December 2022, with a total project cost of Rs 4,225 crore, funded in a 70:30 debt-equity ratio.Read more
Reliance Industries explores entry into Semiconductor Manufacturing
At present, the names of the foreign chip manufacturers involved in these discussions remain undisclosed. The decision to invest in semiconductor manufacturing has not been finalised.Read more
Acer India's vision for PLI 2.0: Strengthening local electronics manufacturing
The PLI 2.0 initiative aspires to elevate India's domestic manufacturing landscape, particularly in the electronics sector.Read more