Mumbai (Maharashtra) [India], September 23: The Indian Electrical & Electronics Manufacturers' Association (IEEMA), the apex association representing the Indian electrical and allied electronic manufacturing industry, announced the appointment of Sunil Singhvi, CEO (Energy), Secure Meter
The report stated that Prime Minister Narendra Modi has set an ambitious target for the electronics industry with an aim to expand the sector to USD 500 billion from its current USD 150 billion.
Uttar Pradesh Chief Minister Yogi Adityanath says state efforts to develop the electronic industry are yielding results. Mobile manufacturing units of UP are producing over 55 per cent of mobiles and over 50 per cent of mobile components, which are made in India.
India's electronic manufacturing sector requires significant investment in the component ecosystem to ensure overall industry growth, according to a report by Motilal Oswal, a financial services company.
As of June end, a cumulative investment of Rs 8282 crore by 32 companies is done under the Production-linked incentive (PLI) scheme for large-scale electronics manufacturing in the country. The Minister of State for Electronics and Information Technology, Jitin Prasada informed the Lok Sabha
This report is the result of an in-depth analysis of India's electronics sector, examining its opportunities and challenges. It outlines a strategic plan for the country to become a global leader in electronics manufacturing.
According to a press release by the Ministry of Communication, this accomplishment reflects the success of governmental efforts to bolster domestic manufacturing and reduce import dependence, aligned with Prime Minister Narendra Modi's vision of 'Atmanirbhar Bharat'.
India needs to take critical actions to transform its electronic sector ecosystem from an 'import dependent assembly led manufacturing' to 'component level value-added manufacturing', highlights a report by Confederation of Indian Industry.
In a meeting with the manufacturing companies in which, Reliance Retail, L.G, Panasonic, Haier, Croma, and Bosch were present, Nidhi Khare, Chief Commissioner, CCPA asked the the firms to clearly inform the customers about the details of the warranty after they purchase the product. Secondly
India's electronic manufacturing is likely to double in the next five years, according to sources in the Ministry of Electronics and Information Technology