Videotex To Invest Rs 50 Crore In Noida Plant

The company aims to strengthen their foothold and look at acquiring 20% market share in the state. Consumer electronics maker Videotex International, which markets LED TV under the Daiwa brand, plans to invest Rs 50 crore in its Greater Noida factory to expand capacity. Of the three company-operated units...

Infosys Aims To Tap More Japanese Mfg Companies With Joint Venture

Japanese companies are increasingly tapping Indian talent and companies to build products and solutions at lower costs to compete against Chinese firms.  Infosys plans to create a bigger footprint in Japan to tap the transformation across manufacturing sector through its joint...

Duty On LED Panels Likely To Be Scrapped By Government

The government is likely to scrap the existing 5% duty on open cell LED panels — a critical television component. With duty-free imports from Asean countries becoming more attractive than manufacturing TVs locally, the government has decided to do away...

Hero Electronix Expands Further, Enters Into Consumer Electronics Space

Hero Electronix announced its entry into the consumer technology space with a series of AI powered connected devices. With a string of technical acquisitions, Hero Electronix Pvt Ltd (HEPL) had  already entered into the technology and innovation space. Now, the...

Daikin India Aims Rs 6,400 Crore Turnover in 2 Years

Daikin India is expecting a revenue of about Rs 4,200 crore in the current fiscal of 2018-19. It recorded a turnover of Rs 3,250 crore in the last financial year.  On account of strengthening position in Indian market and rising...

Taiwanese OEM Wistron Plans to Expand its Operations in India

Wistron has authorised its Indian subsidiary to spend Rs 3,000 crore ($340.62 million), for expanding and meeting region’s demand for its services in future Taiwan-based original equipment manufacturer (OEM), Wistron Corporation, is planning to expand its investment in India for...

Xiaomi to foray into white good space in India

China's Xiaomi will enter the field of white goods next year, making the country's largest smartphone manufacturer a mature consumer electronics company in India. Xiaomi officials are currently identifying potential categories, including air conditioners, washing machines, refrigerators, laptops, and small...

Damson Partners with Comexcell to Distribute Corseca Range of Products

Through this partnership, Damson aims to ensure that Corseca range of products is extensively available across the country using the expertise of Comexcell Technologies Damson Technologies, a leading manufacturer of computer peripherals, accessories and lifestyle products, announced that it has appointed...

Nokia Gets US$ 283 Million Loan from NIB for 5G R&D

The loan will be used to finance extensive research and development program of Nokia that is focused on 5G activities in Europe in 2018-2020 Finnish telecommunication, information technology and consumer electronics company, Nokia, signed a loan transaction of US$ 283...

Rising Penetration of IoT Technology to Drive Smart Speaker Market Growth: Report

The smart speaker market size is expected to grow at CAGR of over 20 percent during the period from 2018 to 2024 The Smart Speaker Market is expected to witness a significant growth in the next five years due...

India’s First Companion Robot Gets Upgrade, Miko 2 Makes World Debut

emotix, the maker, says Miko 2 can see, hear, sense, express, talk, recognise faces, remember names, identify moods and initiate a conversation  Indian consumer electronics start-up emotix unveiled its latest offering, Miko 2, a personal robot for children, in Mumbai on...

De’Longhi Partners with Orient Electric to Position its Brands in India

Under the partnership, Orient Electric will get the exclusive rights for marketing and selling the products of marquee brands of De’Longhi, Braun and Kenwood De'Longhi Group, a leading Italian manufacturer of small appliances, announced on Wednesday that it entered into...

Noble Skiodo Launches 43-inches Full HD LED TV at Rs 14,999

The company claims that their latest offering comes enabled with an 'eco-smart feature' that shuts the TV off, when it is not in use Noble Skiodo has announced the launch of its latest 43 inch Full HD LED TV in...

Online Channels Sell Half of Smartphones During Festive Season: Report

Samsung, Xiaomi and Realme, the top three smartphone brands, collectively captured 57 per cent of the total smartphone sales during Diwali season Festive season in India brings cheers not only for smartphones customers in the form of discounts and exclusive...

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Recent Posts

Make in Tamil Nadu Gains Momentum

The two day industrial meet started with the hope to garner investments to the tune of Rs 2 lakh crore in sectors like automobile, smartphones...

Hyundai Electronic Forays Into Indian Home Appliances Market

Hyundai aims to give Indian consumers an exposure to smart goods technology and product diversification methodologies along with manufacturing cutting-edge goods. Hyundai Electronics, an arm of South Korean...

Tata Motors May Launch Its First EV In 2020

Tata Motors may follow its peers and jump on the electric vehicle bandwagon next year. Tata Motors has already developed an electric version of its existing range...

Domestic Solar Equipment Makers May Urge For Safeguard Duty

India imports around 90% of solar equipment used in the country from China and Malaysia. In another attempt to protect the local solar manufacturing market...

Battery Storage, Smart Grid, Energy Efficiency Companies Raised US$ 2.8 Bn in 2018

In 2018, smart grid companies received US$ 530 million in venture capital funding in 29 deals, witnessing an increase of 26 per cent compared to...