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Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn
10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more
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
Blue Star wins Rs 1.28 billion order from Taiwan’s electronic firm Wistron
Wistron Infocomm, which has been producing electronic devices at its existing factory at Kolar (Bengaluru), has embarked upon its Phase II expansion as a part of which, it is constructing a large manufacturing block and an IT building.Read more
Extend PLI scheme to MSMEs to boost electronic manufacturing in India: Study
According to a research study of MVIRDC World Trade Center Mumbai, government should reduce the investment limit under the PLI scheme for select electronic components to Rs 200 million from Rs 1,000 million to allow MSMEs to participate in this scheme. Read more
STMicroelectronics introduces high-voltage gate driver STGAP2HS
The 1200V device can sink and source up to 4A output current to simplify the design and enhance the reliability of mid- and high-power convertors, power supplies, and inverters in home appliances and industrial equipment such as factory automation, fans, induction heaters, welders, etcRead 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
Kusam-Meco will launch products to meet new applications: Chandmal Goliya
In this IPF interview, Chandmal Goliya, Director, Kusam Electrical Industries (Kusam-Meco) discusses the need to focus on R&D to develop quality products and the company’s future plans.Read more