Manufacturing

Before 2018 Budget, ASSOCHAM Seeks Venture Capital Pool and Lower Tax Rates for Electronics Sector

Considering that costs pertaining to finance, energy and logistics/transportation constitute major portion of consumer electronics sector, apex industry body ASSOCHAM has recommended the union...

Solar Panel Imports from China might soon Attract 7.5 per cent Tariff

India, the largest buyer of solar equipment from neighbouring China, is considering a 7.5 percent tax on imported solar panels, according to government officials...

Make in India Impact: India Produces More Electronics than it Imports for the First Time...

It is India’s penchant for electronic items, after oil, that is responsible for draining its foreign exchange reserves the most. Naturally, the government has...

Solar-Based Micro Irrigation Scheme to be Implemented in All Districts of Haryana

Haryana Chief Minister Manohar Lal Khattar directed the irrigation department to implement the integrated solar-based micro irrigation scheme in all districts of the state. He constituted...

Cryptocurreny like a Ponzi Scheme: India’s Finance Minstry

India’s finance ministry has cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, saying digital currency investments are like “Ponzi schemes.” Cryptocurrencies...

Digital Revolution in Chattisgarh, 5,900 Panchayats Connected Digitally

A long leap was taken by Chhattisgarh towards achieving the dream seen by Prime Minister Narendra Modi of Digital India, with the signing of...

2017 in Numbers: Key Achievements of MeitY

Digital India, the flagship project of the Government of India, has made rapid progress in the year 2017. The Ministry of Electronics & Information...

11 Indian Cities to Soon Get Electric Vehicle Fleet for Public Commuting

Anant Geete, Minister of Heavy Industries and Public Enterprises has announced that the government will be allocating Rs 437 crore in subsidy to 11...

GST on Telecom Services Should be Cut to 12%: Manoj Sinha

The Telecom Department has suggested the finance ministry that goods and services tax (GST) on telecom services be lowered to 12 percent against the...

Electric Cars in India Could Soon Become a Common Sight as Andhra Pradesh Aims at...

In a first, Andhra Pradesh is looking to make a radical move towards electric cars by aiming to attract Rs 30,000 crore in investments....

E-Waste Provisioning May Force Companies to Raise Prices

Electronic goods companies, including multinationals that have been operating in India for at least a decade, could see pressure on profit due to a...

NITI Aayog Working on a Labour Utilization Fund to Save Jobs from Automation and AI

NITI Aayog has proposed the government set up a labour utilization fund in order to tackle the growing issue of redundancy of low-skilled labour....

MSIPS Benefited Companies Invested Rs. 3,585 Crore in 72 Electronics Manufacturing Projects

Electronic firms shortlisted for incentives by the government for manufacturing their products in India have invested Rs 3,585 crore in 72 projects up until...

Masterstroke: Import Duty on Electronic Items Raised, Make in India to get Significant Boost

In a bid to promote domestic manufacturing of electronic items, the government of India has announced to hike the import duty. Imported electronic goods...

Government Working on New Electronics Policy, Eyes $1 Trillion in Digital Business

Reports claim that the Cabinet is preparing a new electronics manufacturing policy. The Indian government plans to shift gears with an aim to boost...

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