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...

Tamil Nadu Releases Startup & Innovation Policy 2018-23

The policy aims to create at least 1 lakh high-skilled jobs in the startup ecosystem, and develop 500 technology startups Tamil Nadu government has released Startup and Innovation Policy 2018-23 to provide an ‘an enabling and innovative ecosystem’ for startups...

US Team To Meet MeitY; Lobby For Roll-Back Of Import Duties On ICT Products

Meeting scheduled with officials from the Ministry of Electronics and IT on January 24. A team of US officials will be in India later this month to discuss the import duties levied or raised by the Centre last year on...

DGFT Prohibits Import of Electronics & IT Goods Without BIS Registration

Without BIS registration, any import of new electronics and IT goods would be re-exported by the importer. Recently the Directorate General of Foreign Trade (DGFT) has inserted a new policy of the registration with the Bureau of Indian Standards (BIS)...

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The ‘Electronics For You Prize’ To Be Awarded On The 60th Institute Day Of...

The award ceremony is held every year to encourage students to innovate, design and create solutions that will help the nation at large. This year,...

Inside The Investors’ Mind – How To Get Your Startup Funded!

Funding and fundraising activities are the two major accelerators for budding startups. Experts are of the belief that it is more challenging for electronics...

India’s Electric Vehicles To Get Push From Ministries, PSUs And Power Firms

The national budget 2019-20 had an outlay of Rs 10,000 crore for Phase-II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles scheme to boost electric...

Canada’s Brookfield Aims To Acquire Mytrah Energy

The stake sale could be valued at more than $1 billion, reaching up to nearly $1.5 billion. Canada’s Brookfield Asset Management Inc. is in talks to buy...

Ministry of IT and Electronics Looks To Incentivize Work From Home Jobs

The total seat allocation in nine rounds of bidding has already crossed the earlier targeted number and reached 51,297. In 2016 the BPO promotion scheme...