Videotex aims Rs 1,000 cr revenue in 4 years, to expand capacity to roll out up to 3.2 mn unitsVideotex plans to become a Rs 1,000-crore company in four years. They will increase capacity and diversify into the appliances segment. The...
IT hardware manufacturing business could zoom 60-70% near term: Contract makersThursday, the Directorate General of Foreign Trade (DGFT), in a notification, said that exemption from import licensing is provided for up ...
Union Budget: TV prices to come down by up to Rs 3,000 as govt reduces custom duty on imported partsIn her Budget speech, finance minister Nirmala Sitharaman said "... to promote value addition in the manufacture of televisions, I propose ...
Videotex to invest Rs 100 cr in two years; to set up new LED TV manufacturing facility in Greater NoidaBesides, Videotex will also invest to upgrade its existing capacity in Greater Noida to 1.4 million TVs and take the combined production ca...
Realme India plans foray into 15 new categories in New YearThe company is also aiming to become a leader in the 5G handset space and will launch only smartphones supporting the new technology in the...
Realme partners Khy Electronics for local production of smartwatches in IndiaRealme had diversified into 'hearables' and 'wearables' categories in 2019 and 2020, respectively and has seen massive growth in these segm...
Television prices likely to rise 3-4 per cent in June: Industry playersPanasonic India & South Asia President and CEO Manish Sharma said that in line with the commodity price increase, "we are also looking at i...
China's Hisense to set up a TV manufacturing plant in India, expand product portfolioThe company, which entered India with a licence arrangement with Videotex last year, has plans to set up a TV manufacturing plant, with a p...
Realme India in talks with suppliers, manufacturing partners to start local factories: CEO Madhav ShethThe company, which is focussed on driving growth in 2021 through its 5G smartphones, is constantly monitoring situations state by state on ...
Electronics, handset cos slash productionSome component and device makers such as TMB Battery, Khy Electronics, Salcomp, Jabil, Sunwoda Electronics, JSP electronics, Hong Guang De ...
TV prices to go up from April as open-cell panels get costlier in global marketsBrands including Panasonic, Haier and Thomson are considering to increase prices from April this year, while some like LG have already rais...
India's Dixon Technologies set to manufacture Nokia branded mobile phones and smart TVsBesides, LED TVs of brands including Nokia, Intex, Lloyd and Toshiba will be manufactured in Dixon Technologies’ Chittor factory, said two ...
Realme taps two Indian manufacturers for its smart televisionsRealme currently manufactures its smartphones from its sister brand Oppo’s Greater Noida factory. A person close to Realme though denied an...
Import duty on TV component to make local industry uncompetitive, expensive: CEAMA"This may make domestic manufacturing uncompetitive and expensive. Open-cell panels form nearly 65 per cent of the total production cost of...
Brands looking to shift production from China to IndiaThird-party manufacturers were already exploring options to reduce their dependence on imports of finished products since the Covid-19 cris...
Videotex International partners with Usha Shriram Enterprises to foray into LED televisionsVideotex already manufactures for a majority of leading brands in the Indian market. Usha Shriram will also foray into multimedia speakers ...
Online shopping revolution: Not Amazon’s Bezos, it was an old ladyIf there is such a thing as an online shopping hall of fame, you won’t find Jane Snowball placed next to Amazon’s Jeffrey P Bezos.