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Dixon Technologies arm to receive Rs 53 cr under PLI scheme for electronics

The Empowered Committee (EC) has approved the first disbursement of Rs 53.28 crore under PLI (Production Linked Incentive) Scheme for Large Scale Electronics Manufacturing to Padget Electronics Pvt Ltd - a 100% subsidiary of Dixon Technologies India Pvt LtdRead more

Vedanta and Foxconn ink pact for manufacturing semiconductors in India

Vedanta Group and Hon Hai Technology Group, world’s largest electronics manufacturing company, has signed an MoU to form a joint venture company that will manufacture semiconductors in India.Read more

Budget 2022 - Customs duties rejigged to promote Make in India & exports

Concessional rates on capital goods to be gradually phased out and attract a moderate tariff of 7.5%. More than 350 entries to be phased out from customs duty exemption to promote Make in India and Aatmanirbhar Bharat. Graded duty rate structure to boost domestic electronics manufacturingRead more

Indian Govt to offer Rs 760 bn incentives for semiconductor industry

In total, Government of India has committed support of Rs 2.30 trillion ($ 30 billion) to position India as global hub for electronics manufacturing with semiconductors as the foundational building block.Read more

Dr Sreeram Srinivasan: Covid 19 is not a cause for chip shortage

In this exclusive interview with Rakesh Rao, Dr Sreeram Srinivasan, CEO of Syrma Technology, explains the reasons behind the current chip supply crisis and also shares his growth plans for Syrma Technology.Read more

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