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EV buyers to get benefit of additional IT deduction of Rs 1.5 lakh: Budget 2019-20

To further incentivise e-mobility, budget 2019-20 has exempted customs duty on certain auto components (parts) of electric vehiclesRead more

Budget 2019-20 allocates Rs 350 cr under Interest Subvention Scheme for MSMEs

To provide domestic industry a level playing field, basic customs duty has been increased on items such as PVC, metal fitting, auto parts, optical fibre cable, CCTV camera, IP camera, etcRead more

Renewable energy will create demand for new E&E products

Sharp rise in demand in Q3 & Q4 and stabilised GST helped Indian electrical and electronics (E&E) industry register a record performance in 2017-18.Read more

Tata Power-DDL joins forces with SAP and Choice Technologies to combat power theft with artificial intelligence

In a bid to curb power theft in India and give impetus to the Union Government’s UDAY scheme, SAP SE announced alliance with Tata Power Delhi Distribution Ltd to jointly launch ‘Choice Revenue Intelligence’ solution in the country. With vast experience in Aggregate Technical & Commercial (AT&C) loss reduction, Tata Power-DDL will be the exclusive country partner and system integrator of this solution for Indian distribution companies (discoms). The announcement was made at thRead more

Power transmission: Expanding networks till the last mile

Better pace of project implementation and stable attention from the government has made power transmission a new business zone and promising investment destination, says Nitika Sharma.Read more

“Govt schemes to generate Rs 60K cr business for E&E industry”

says Shreegopal Kabra, MD of R R Kabel Ltd, and President of IEEMA - an apex association representing electrical & electronics (E&E) industry. IRead more

Budget 2018: A big booster to SMEs

According to the National Sample Survey’s (NSS) 73rd round, there were around 634 trillion unincorporated non-agriculture MSMEs (micro, small and medium enterprises) in India in 2015-16 providing employment to 111 million workers. Taking into account the significance of MSMEs sector to the country’s economic development, Finance Minister Arun Jaitley announced a list of measures to help MSMEs and job creation in the budget 2018-19.Read more

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