Mysuru’s Kaynes to make 3,000 RUDRA servers for govt’s CDACRUDRA HPC servers under the NSM will be made to meet the computational requirements of sectors like hyper-scale data centres, edge computin...
Government targets 80% local value addition in IT gear in 5-10 yearsA primary request of the government is that industries operating in India look to implement new production techniques, such as surface-moun...
Nirmala Sitharaman assures Lankan counterpart of all possible assistance from IndiaFinance Minister Nirmala Sitharaman has met her Sri Lankan counterpart Ali Sabry here and assured him that as a close friend and good neigh...
Finance Minister Sitharaman stresses on timely completion of IMF quota reviewAs per an IMF resolution, the 16th General Review of Quotas should be concluded by December 15, 2023. Any adjustment in quota shares would ...
Electronics cos may take a hit as O2 crisis sucks nitrogen outThe government's efforts to mitigate the oxygen crisis that’s affecting Covid-19 patients may cause a shortage of nitrogen, a gas critical ...
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...
Handset maker UTL Neolyncs to invest Rs 100 crore to expand productionUTL said it will utilize the proceeds of the scheme to strengthen Karbonn’s product portfolio to make it a globally competitive brand.
Smaller brands may be forced to import fully built mobile devices, after latest BCD levyFrom Oct 1, the government levied 10% import, or basic customs, duty on display assembly, touch panel/cover glass assembly, as per the phas...
Vivo looks to expand Greater Noida facility"We had invested around Rs 100 crore in November 2016, then till March 2018, we have invested over Rs 200 crore more in this manufacturing ...
Huawei to assemble printed circuit board near ChennaiHuawei is starting printed circuit board, or PCB, assembling by setting up its SMT (surface-mount technology) line in partnership with its ...
Oppo’s new 50 million handsets unit to be operational next yearChinese device maker Oppo will be setting up a new facility in Greater Noida that will produce 50 million devices a year, a top company exe...
Xiaomi begins PCB assembly in India; sets up a total three new manufacturing plantsThe new SMT plant, set up in collaboration with Taiwanese manufacturing partner Foxconn, is a part of Xiaomi’s new campus in Tamil Nadu, wh...
Handset makers may invest Rs 6,000 crore for more local inputsTo this effect, the government is expected to levy basic customs duty (BCD) on assembled PCBs from the upcoming financial year, EThad repor...
Possible joint bid for key tech could hurt Nokia plant's sale appealA draft of the Request for Price proposal from the Centre, seen by ET, invites quotations from manufacturers; the target is to expedite the...
PM Narendra Modi speaks to Sushma Swaraj, expresses 'satisfaction' over ICJ orderSubsequent to PM Modi’s talk with Swaraj, top figures in the ruling establishment lined up to praise the external affairs minister.
Samara Capital buys stake in SMTAs part of the deal, Samara Capital's managing director Gautam Gode and vice president Abhishek Kabra will come on SMT's board.
Self-managed teams take to shop floorsAn SMT obviates the need for a supervisor and it largely consists of people managing the facility by themselves.