India Still Shopping Components – Will We Ever Manufacture?: Industry speaks

-By Baishakhi Dutta India aims to be a $400 billion industry by 2025. To depict the current scenario of the Indian electronics component industry in terms of production as well as demand generation, ELCINA has come up with a new...

Attention! Did You Just Miss Out On The MEIS Benefits?

The denial of the MEIS benefits due to issue in the EDI generated shipping bills has led to major setbacks for businesses in India. The ongoing issue has already led to a loss of crores for several organisations. Are...

Telangana Plans To Announce EV Policy After Model Code Of Conduct Period

Though the policy was scheduled to be unveiled last year, it was indefinitely postponed for unknown reasons. The Telangana government is likely to announce its policy on Electric Vehicles (EV) after the model code of conduct ends. The FAME-II guidelines (Faster Adoption and...

COAI Scouts Implementation Of New Telecom Policy From The Next Govt

The policy approved by the Cabinet in September last year aims to attract $100 billion investment and create 4 million jobs in the sector by 2022. Cellular Operators Association of India (COAI) has sought implementation of the National Digital Communications Policy 2018 from...

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...

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...

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