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SPECS SCHEME
Japan's Mitsui OSK Lines, world’s second-largest ship owner by fleet size, eyes shipbuilding in India and investments in terminals & logisticsJapan's Mitsui OSK Lines plans to build ships in India. The company is also exploring opportunities for roll-on, roll-off terminals. MOL ai...
AI features influence 89% of smartphone buyers in India: Flipkart-Counterpoint studyArtificial intelligence now drives Indian smartphone buying decisions. Nearly 89% of users consider AI features important. Consumers are pr...
Smartphone buyers prioritise AI, performance and style over specs aloneIndian smartphone buyers now focus on personal style and AI capabilities. Colourful phones and AI features significantly influence choices,...
US, UK, Canada quiz India's SPECS scheme, sops at WTOThe US, UK, and Canada have raised concerns at the WTO regarding India's Make in India initiative and various subsidy programs. Questions w...
As buyers diss cars, auto companies count on offersPassenger car sales surged 8% to a record 4.22 mn units in FY24 but have moderated since amid the heat wave, a long election season and a h...
Govt likely to come up with policy to incentivise semiconductor ancillary firms: Rajeev ChandrasekharThe Indian government may introduce a scheme to incentivise semiconductor ancillary firms to address disability and facilitate supply chain...
Can Budget 2024 give a fillip to India's budding semiconductor industry?India's Interim Budget may include sops to boost the semiconductor industry, with an upgraded version of the SPECS plan that may have a cor...
How India is trying to build a crucial part of its chip-making projectThe new incentive plan -- which is likely to be launched at the start of the next fiscal year -- will have a corpus of Rs 10,000 crore, ET ...
In works: Rs 10,000 crore sop scheme for chip ancillariesThe pari-passu or equal footing method for disbursal of incentives is one where the government releases the funds to successful applicants ...
India to focus on boosting electronic component manufacturing; new scheme in works: MeitY secretaryA senior government official announced a renewed emphasis on bolstering domestic electronics component manufacturing. Speaking at the CII E...
CDIL becomes first Indian firm to produce Silicon Carbide components; starts exports to China, USWhile speaking on the sidelines of the launch of the company's new surface mount semiconductor packaging line, CDIL Executive President and...
CDIL Semiconductors to add new assembly lines, boost capacity by 100 million units"CDIL Semiconductors (Continental Device India)...will be adding new semiconductor packaging lines via Government of India and MeitY's SPEC...
Govt extends sops for chip, electronics gear by a yearIndustry associations said the extension will boost local electronics manufacturing and is aimed at allowing filing of new applications tha...
Govt gives approval for 34 electronic components manufacturing proposals worth Rs 11,187 cr till MarchUnder the scheme, the approved proposals include those from Tata Electronics, Samsung Display Noida Pvt Ltd, Salcomp Technologies, Sahasra ...
Budget 2023: Phone manufacturers eye PLI for component manufacturing"With the upcoming budget, we hope to see an affirmative move to foster a vibrant local component supply chain ecosystem. This in turn will...
A make-or-break opportunity for Budget to help India fill chip industry lacuna created by ChinaThe latest outbreak in China that has crippled most of its activities has also forced the factory floor to hit a pause on massive investmen...
Rs 10,000-12,000 crore PLI sops soon for hi-tech IT, mobile componentsThe objective of the components incentive scheme is to develop a complete ecosystem of electronics manufacturing in India, officials aware ...
Govt expects Rs 34,090-crore investment under PLI scheme for electronics manufacturingAround Rs 20,000 crore is expected to come from electronic components and semiconductor companies and Rs 14,090 crore from 32 proposals app...
India unveils Rs 50,000 crore schemes to attract electronics makersIT and Telecom Minister Ravi Shankar Prasad said India will initially aim to attract top 5 global mobile manufacturing companies and also p...
Xiaomi may discontinue Poco brand, says analystsManu Jain, Xiaomi’s India head and international vice president, was non-committal on Poco's future.