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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
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
PLI Scheme to herald a new era in electronic manufacturing: Ravi Shankar Prasad
Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing, notified on April 1, 2020, has evoked good response from global as well as domestic mobile phone manufacturing companies and electronic components makers. Production of Rs. 10.5 lakh crore and Exports of Rs. 6.5 lakh crore expected over next 5 years.Read more
India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India
While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more
Energising power sector
Indian electrical & electronics industry has been going through a rough patch even before COVID 19 struck the country.Read more
IEEMA to host virtual expo Digielec Bharat for electrical industry in Sept
Indian Electrical & Electronics Manufacturers’ & Association (IEEMA) wants to promote exports and position India’s indigenous electrical industry as an alternative to China through Digielec Bharat, which will be held virtually from Sept 24-27, 2020Read more
IEEMA aims for $ 25 bn electrical & electronics exports by 2024-25: R K Chugh
After June 15, 2020, the Government took many steps to curb imports of electrical and electronics (E&E) products from China into India. In this interview with Rakesh Rao, R K Chugh, President of IEEMA, explains the benefits of these steps and road ahead for the industry.Read more
India imposes restrictions on bidders from neighbouring countries for public procurement
IEEMA welcomes this government policy on bidding regulations for national security reasons. Bidders from these countries will be eligible only if they are registered with DPIIT. Government has provided relaxation for procurement of COVID medical supplies till December 31.Read more
InvenSense and Arrow Electronics extend their global distribution agreement
InvenSense banks on the network of Arrow Electronics engineers worldwide in the served market.Read more
VVDN Technologies opens electronic manufacturing facility in Haryana
Union Minister Nitin Gadkari inaugurated the company’s new Global Innovation Park (GIP), which will employ 10,000 people over one year. VVDN will make a wide range of products like 5G Equipment, Trackers, Dash cams, Cameras, Wi-Fi Access Points, etc.Read more