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LOCAL PRODUCTION OF CHARGERS
The next phase of India manufacturing: HDFC AMC’s Rakesh Sethia breaks down real winners in EMS, aerospace & autoIndia's manufacturing sector is transitioning to deep tech localization, fueled by robust domestic demand and government incentives. HDFC A...
Lava to invest Rs 1,100 cr to boost electronics components manufacturingLava International plans a significant investment of Rs 1,100 crore over the next five years. This funding will drive diversification into ...
The simple yet powerful plan India could follow to ward off impacts of Iran-like disastersIran war: As geopolitical tensions continue with the looming threat of a restart of the conflict in Iran, India finds itself at a crossroad...
Sterling Tools arm partners with a Chinese firm to produce on-board chargers, DC/DC convertersSterling Gtake E-Mobility Ltd. (SGEM) is partnering with Landworld Technology to manufacture on-board chargers, DC/DC converters, and power...
Everta aims to locally produce 3k DC chargers annually by 2027Everta, a Mumbai-based EV charger firm, is entering the market. The company plans to produce 3,000 DC chargers each year by 2027. Everta is...
Apple says India's EU-style charger rules will hit local production targetApple has warned India that its local production targets will be hit if the country follows the European Union's requirement for iPhones to...
Ola Electric and Ather Energy to reimburse EV charger amountFollowing Ola’s decision to refund, all four companies are expected to refund the amount to the customers. Ola and Ather will be hit the mo...
Vivo plans to invest Rs 1,600 crore more by 2023Vivo, which has seven manufacturing facilities globally, aims to increase its annual production capacity to 60 million units by the end of ...
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...
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...
Fuji Electric looking to develop electric chargers to ride EV waveWith the recent acquisition of Consul Neowatt Power Solutions Pvt Ltd, Fuji Electric has a strong presence across India with almost 1,000 e...
After handing the sets, Chinese phone companies to offer accessoriesCompanies like Xiaomi, Realme India plans to drive revenue and profitability in-country via cables, earphones, power banks, among other thi...
ABB plans to make EV chargers in India by year-endIn a market like India with 1.2 billion people, the requirements “can only be fulfilled if we do it locally”, Frank Muehlon, head of the Sw...
In 2 weeks, Apple could start making iPhone 6s Plus hereWistron has set up a new assembly line at its Bengaluru facility and commercial production of the Apple phone is expected to begin in the n...
Government imposes 10% customs duty on chargers and adaptersThe move would create a duty differential in the current tax regime which was being offered pre-GST by imposing a countervailing duty of 12...
Dixon Technologies to assemble batteries, chargers locallySunil Vachani, CMD of Dixon Tech, said the company will begin assembling these products for mobile phones at its existing factory in Noida ...
Delay duty structure change by two years, demand local handset makersLocal electronics manufacturing association, in a recent letter, has asked the government to continue with the current duty differential fo...
Finland-based Salcomp plans to set up factories in India“We’re looking for leased space in Noida DTA for one factory and another one will be set up in Southern India,” MD of Salcomp India said.
Gurgaon-based company Adit Infratel to begin battery manufacturing after favourable Budget proposalsThe company has an existing plant in Parwanoo, Himachal Pradesh where it makes at 35,000 mobile batteries, 25,000 mobile chargers and 4,000...
Budget 2016: Ravi Shankar Prasad hails duty rejig for components, but phone makers seek more timeRavi Shankar Prasad has said that the Budget proposals to rejig duty structures for some handset peripherals and components will encourage ...