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R&D expenditure cannot exceed 50% of approved project cost

According to the new guidelines, only expenditure on R&D that leads to manufacture of products will be considered eligible for incentives under MSIPS. Standalone R&D units are not eligible for subsidies By EB Bureau Tuesday, August 12, 2014: The Indian electronics industry...

Motilal Oswal Private Equity To Invest Rs 250 Crore In VVDN Technologies

The company was established in 2007 by Bhupender Saharan, Puneet Agarwal, Vivek Bansal and Murali Jayaraman VVDN's customer base is made of global semi-conductor companies and large-to- mid-sized original equipment makers According to a report by Vccircle, Motilal Oswal...

New solar parks to be set up in Shajapur, Agar and Neemuch

The Madhya Pradesh government has  made preparations to set up Solar Parks in Shajapur, Agar and Neemuch after the successful establishment of Rewa Solar Project, the biggest solar power project of the country. According to The Pioneer report, a Financial Advisory...

Samsung Relocating Parts of Display Manufacturing From China to India: Report

The South-Korea based Samsung is looking invest around Rs 54 Billion in setting up this manufacturing plant It has signed a memorandum of understanding with Uttar Pradesh Government in 2019 Samsung is looking to invest approx Rs 54 billion...

ELCINA investor’s manual ‘17 capitalises on positive sentiment generated by favourable ratings

The ELCINA Investor’s Manual 2017 was recently unveiled at New Delhi in the presence of Chief Guest Shri Kiren Rijiju, Hon. Minister of State for Home Affairs, Government of India and Guests of Honour – Dr. Ajay Kumar, IAS, Additional Secretary,...

Display Orders From TV Makers Set to Rise to 45.8 Million Units: Omdia

To counter the South Korean onslaught, Chinese TV makers are taking measures to fortify their positions in overseas markets There was unexpectedly large growth in television sales during March and April 2020 Following a dismal second quarter marred by...

LG Electronics India expects 20 percent rise in sales this year

LG Electronics India is expecting a 20 percent growth in sales in the current year, which will be higher than industry growth of consumer durables. Unveiling the products for the Onam festival, Sanjiv Agarwal, sales head, said the company is...

Goa IT Investment Policy to Stay in Force till 2020

The Goa government led by Laxmikant Parsekar made a formal announcement regarding the Goa Information Technology Investment Policy 2015. The policy is going to stay in effect till 2020. The policy had come about on December 31 with the...

NTPC forays into electric vehicle charging stations business

State-run power giant NTPC entered into the new business segment of setting up charging stations for electric vehicles (EVs) and has installed first such points at its offices in Delhi and Noida. According to PTI, the main objective in setting...

IBM Notices Rs 5,000 Crore Business Opportunity in Indian Farm Sector

The IT major has already tied-up with 70 startups and NITI Aayog to use technological inventions in finding certain solutions for the agricultural sector New York based tech giant International Business Machines Corporation (IBM) is eyeing to own Rs 5,000...

LG launches enterprise blockchain platform, Monachain

LG, popular worldwide for their consumer electronics is launching an Enterprise Blockchain platform called Monachain which can be used in multiple offline and online sectors, reported Cryto News. Monachain was developed by the Blockchain department in LG’s IT subsidiary CNS....

Next Orbit invests in Gujarat’s semiconductor project

Growth-stage investor Next Orbit Ventures is investing $100 million in a semiconductor fabrication project based in Gujarat. The investment is being made out of Next Orbit Ventures’s second fund, which is currently raising $750 million. The firm launched its second...

LED Displays Need the Best Manufacturing Equipment

The production of LED display screens needs sophisticated equipment, as the manufacturing process is complex and must be precise. By Deepshikha Shukla LED display panel solutions come in different shapes and sizes for indoor and outdoor applications. The material used to...

SMIC Says Board Aware Co-CEO Liang Intends To Resign: Report

The report added that a letter of resignation purportedly from Liang began circulating online in which he stated the reasons for his departure Liang was appointed SMIC’s co-CEO alongside Zhao Haijun in 2017 As per a report bu Reuters,...

Recent Posts

Ola Electric 2-Wheeler Plant To Begin Production In Coming Months

The company announced a Rs 2400 crore MoU with the Tamil Nadu government in December 2020 and rapidly completed land acquisition in January...

Samsung SDI To Invest $849 Million To Expand EV Battery Plant In Hungary: Report

The official said that the company is also considering building another EV battery plant in the central European country, though no time line...

Global Semiconductor IP Market Is Estimated To Surpass $ 7,103.0 Million By End Of...

Launch of AI-infused modem chips is also expected to help in growth of market Growing electronics is expected to offer lucrative growth opportunities...

Cabinet Approves PLI Scheme For Laptops, Tablets, PCs, Servers

It has a total cost including an incentive outlay of ₹7,325 crore and administrative charges of ₹25 crore Production worth ₹3.26 lakh crore...

Continental Buys Minority Stake In AI Chip Startup Recogni

Continental is contributing both its financial commitment as well as its expertise in the field of AI, vehicle sensors and advanced driver assistance...