Another Year’s Extension For These 3 Exports Schemes – But Is It Any Good?

To the relief of exporters, the government has extended IGST (Integrated Goods and Service Tax) and compensation cess exemptions for goods procurement under certain export promotion schemes till March 31, 2020. But will we ever get to see a...

WPC’s ETA Exemption to Expedite Telecom Product Launches in India: COAI

Earlier, there was a need for mobile phone firms to take the consent for even sample items which they displayed at the time of announcing launches Telecom industry body Cellular Operators Association of India (COAI) said the decision of Wireless Planning and Coordination (WPC) of...

Is NPE 2.0 the silver lining in the dark cloud hindering Indian manufacturing?

In order to establish India as a manufacturing hub for electronic products, the government has come out with a draft National Policy on Electronics 2018. Though the draft is still in the approval stage, this article looks at whether...

Exporters to get 50 per cent money back for testing their products in India

With the dawn of the NPE 2.0 era, the government is expected to unveil policies that are certain to enhance exports. In this article, we look at a scheme that is expected to provide financial relief to those testing...

Zero custom duty on 35 capital goods will save industry millions!

The Department of Heavy Industry (DHI) has exempted 35 of the capital goods used in manufacturing electronic goods from basic custom duty (BCD). This is to promote domestic manufacturing. Relief from duty on high-investment machinery is expected to lead...

NPE 2019: High On Hopes But Lacks Strategic Clarity

The industry congratulated the Ministry of Electronics and Information Technology (MeitY) and welcomed the announcement of the new electronic policy (NPE 2019) approved by the Cabinet at the end of this month. While NPE 2012 contained a wide range of...

NPE 2019 – Expecting To Support MSME’s & Drive Growth Of Value Added Manufacturing

The industry expects that this policy would address the concerns of domestic manufacturers and overcome the gaps of the NPE 2012. The Industry congratulates Ministry of Electronics & IT, welcoming with the announcement of New Electronics Policy (NPE 2019) as...

New Electronics Policy Targets $400 Billion Mfg Revenue By 2025

The policy has come out with new schemes which will replace existing Electronics Manufacturing Clusters (EMC) scheme as well as Modified Special Incentive Package Scheme (M-SIPs). The Cabinet on Tuesday approved the new National Electronics Policy, 2019, which targets a...

Govt Schemes To Shape India Into An Export Hub: IT Secretary

New schemes introduced by the government will focus not only on manufacturing of electronics in India, but also positioning the country as an export hub. The booming demand for electronic goods proves that India’s insatiable desire for electronics is only...

Tamil Nadu to Unveil Electronic Hardware Manufacturing Policy Soon

The state would also set up a Centre of Excellence for Emerging Technologies O Panneerselvam,Tamil Nadu Deputy Chief Minister has recently announced that they will shortly introduce an electronics hardware manufacturing policy for the state, while presenting  the state budget...

Interim Budget ’19-’20 : Who Are The Real Winners?

Overall, ESDM industry has shared positive thoughts about the interim budget. However, startups and solar sector are not so impressed. --By Baishakhi Dutta The Indian electronics industry had pinned its hopes on the interim budget 2019-20, expecting positive announcements. Stand-in Finance...

Tamil Nadu to Announce Electronics Policy in February

The electronics policy draft of TN government is almost ready, final touches being made before the announcement The Tamil Nadu government is pushing to make the state a hub for electronics manufacturing. It will announce its electronics policy soon. The...

India Imposes Custom Duty On Li-Ion Cells & PCB Assembly

Lithium-ion cell and PCB assembly to face 5 per cent and 10 per cent customs duty respectively. The government has announced basic customs duty on imported lithium-ion cell and printed circuit board (PCB) assembly used in cellphone battery packs....

Electronics Makers Seek Rs 1,000 Crore Seed Fund : Budget 2019

The association has urged the government to provide support to create 50 intelligent electronics incubators collaborating with industry in various technology. With the 2019 interim budget round the corner, stakeholders in the electronics sector are expecting the government to create...

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“Cobots Are Not Designed To Replace The Human Workforce, But To Take Over Strenuous...

Imagine an organisation, devoid of threat from automation, where humans and robots will complement each other in a work floor and take productivity to...

Alert! Purchase Of Machinery From OEMs Just Got Easier!

Are you an MSME? Are you still looking out for finance of machinery but not getting an attractive rate of interest? Good news, your...

Vedanta Group’s $10 Billion LCD Project May Fall Flat

Vedanta Group’s $10 billion projects likely to be scrapped after failing to obtain subsidies under the government’s M-SIPS Vedanta Group company Twin Star...

NSEFI Urges Karnataka To Prevent Solar Curtailment

NSEFI said these solar projects must be allowed the ‘must run’ status as per government directives NSEFI further submitted that in case of...

After Identifying Unique Customers We Support Them In Developing A Complete Saleable Product: 3B...

It was not until recently that electronics manufacturers realised the need for expert support for design services. In response to this need, some component...