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PLI schemes to empower electronic sector
The Government of India has committed nearly $ 17 billion over the next 6 years across four PLI Schemes - Semiconductor and Design, Smartphones, IT Hardware and Components. With global majors adopting ‘China Plus One’ policy, PLI schemes can help India in filling the market vacuum left by China.Read more
Budget 2022 allocates Rs 195 bn PLI incentive for solar module production
With focus on circular economy, Budget 2022 tables proposal to co-fire 5-7% biomass pellets in thermal power plants, with expected CO2 savings of 38 mmt. It also announced four pilot projects for coal gasification and conversion of coal into chemicals.Read more
Electronic hardware companies need to invest in R&D
Manufacturers' Association of Information Technology (MAIT), established in 1982, is the apex body representing India’s ICT (Information and Communication Technology) sector. MAIT is recognised by both the Government as well as the industry for its role in the growth and development of the IT hardware industry. In this interview, George Paul, CEO, MAIT, shares his views on some of the recent policy announcements and outlook for the electronics hardware industry.Read more
IEEMA welcomes PLI scheme for semiconductors, big boost for electronics industry
This is a huge positive step for the Indian electrical & electronics industry and will enable global competitiveness of Indian industry to ramp-up exports of finished products, said Vipul Ray, President, Indian Electrical & Electronics Manufacturer’s Association (IEEMA)Read 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
Syrma SGS Technology receives MeitY award
The Ministry of Electronics and Information Technology (MeitY) recognised Syrma SGS Technology Limited with an appreciation award for its outstanding contribution in IoT products manufacturing in IndiaRead more
Industrial investments in India to rise 30% in FY22-24: CRISIL
Without PLI scheme, capex would have likely taken nearly two years to touch pre-pandemic levels, says CRISIL Research. PLI holds the potential to generate Rs 2.2 lakh crore worth of capex over the scheme period (3-4 years).Read more
Optiemus Electronics partners with Wistron for making electronic products
OEL will invest Rs 13.5 billion in the next three to five years to increase its plants capacity. It intends to reach revenues of Rs 380 billion within the next three to five years in multiple product segments.Read more
Nitin Kunkolienker: Time has come for Indians to look beyond China
In this interview with Rakesh Rao, Nitin Kunkolienker, President, MAIT, explains how combining scale with design-centric approach can open up a lot of opportunities for India in electronics manufacturing.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
