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PCBA EXPORTS
Customs duty structure review to focus on reducing number of rates: Revenue SecretaryThe government plans to streamline customs duty rates, aiming to reduce them from about a dozen to five, according to Revenue Secretary San...
Simplified FDI, reduced corporate tax rates will greatly enhance capital inflows: Deloitte IndiaDeloitte India highlighted the positive impact of Budget announcements on capital inflows, emphasising simplified FDI regulations, reduced ...
Cyient DLM, Kaynes Technology among JM Financial's 4 electronic manufacturing stocks to buyPowered by government thrust to electronic manufacturing and a China+1 strategy, the domestic industry is expected to witness windfall gain...
Cyient DLM, Kaynes Technology among JM Financial's 4 electronic manufacturing stocks to buyJM said that Kaynes was on a journey of value addition with significant expansion of its PCBA business across various high-margin sectors. ...
Introduce PLI for crucial components, reverse engg industrial labs, not small firm-dominated goods: GTRI“Given the upcoming carbon border taxes imposed by the EU and soon by other countries, India must invest in clean energy technologies…Secto...
Electronic goods exports up 49% on-year in April-December 2021“With $11 billion exports achieved in the first three quarters of FY22, the sector is set to break all-time record highs, far exceeding the...
Budget: Indian mobile handset industry wants ecosystem for domestic manufacturing, exportsThere is scope for more as it still has some 350-400 million feature phone users who can be upgraded to smartphones. The industry wants an ...
BIF seeks reversal of hike in import duties on components, PCBAs; writes to DoT, finance ministryEarlier in its letter dated March 1, BIF had called attention to the Budget-related notification, and rued that the telecom industry will b...
Proposed duty levy on components to hit Indian handset makers most: IndustryThe government has proposed that with effect from April 1, BCD on import of printed circuit board assembly (PCBA), camera modules and conne...
Mobile phone prices to rise marginally after import duty levy on some partsThe mobile phone industry has sought maintaining the status quo from the government and thus a reversal of the hike in customs duty.
Companies want separate 3% PLI incentives for PCB assemblyIn a letter written to the Ministry of Electronics and IT (MeitY) on December 19, the India Cellular & Electronics Association (ICEA) sough...
Dixon forays into ICT hardware; set to open factory in southern IndiaThe home-grown electronics manufacturing services (EMS) player, which already produces smart TVs, LED lighting, washing machines and mobile...
Industry seeks sops for PCBA, says $109 billion opportunityThis presents a domestic market of $87 billion and export opportunity of $109 billion. Currently, the major players in India’s PCBA manufac...
India has $100-billion export potential in PCBA: ICEA-EY studyThe report cites that a PCBA is at the core of every electronic device such as mobile phones, tablets, computers, routers, televisions, was...
Import duty hike to drive local handset makingOn Saturday, the government proposed increasing the import duty on PCBAs to 20% from 10% and chargers to 20% from 15%, to encourage local m...
Apple flexes India muscle with locally sourced battery packsApple is sourcing battery packs from US contract manufacturer Flex’s India plant for locally-made iPhones.
Budget wish list: Cos want tax holiday, customs duty exemption, GST cut on handsetThe industry has also sought a decade-long tax holiday on profits from manufacturing devices or parts in the country to stimulate fresh inv...