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June 15, 2024
Indian electronics manufacturers have suffered $15 billion in production losses and 100,000 job cuts due to escalating tensions with China. Visa delays for Chinese executives are hindering the industrys expansion plans, leading to a $10 billion export opportunity loss and $2 billion in value addition loss. Government probes into Chinese companies operating in India have further impacted the sector.
June 15, 2024
Escalating tensions with China have cost Indian electronics manufacturers $15 billion in production losses as well as 100,000 jobs in the past four years, multiple industry bodies have said in submissions to various ministries.
June 3, 2024
Indian Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire...
May 29, 2024
Display Manufacturing: India Cellular and Electronics Association (ICEA), whose members include Apple, Foxconn, Dixon, Lava, Vivo, etc, said despite being the worlds third-largest consumer of display products (accounting for 7 per cent of global revenue), the nation has an insignificant domestic production.
May 29, 2024
India, at present, relies heavily on China for its display needs, as there is currently no domestic display manufacturing industry established within the country
May 28, 2024
India is set for a significant leap in local manufacturing of displays which presents a golden opportunity for global companies seeking to diversify their display supply chains beyond certain geographies, industry leaders said on Tuesday.The ...
May 28, 2024
New Delhi, May 28 (IANS) India is set for a significant leap in local manufacturing of displays which presents a golden opportunity for global compan
May 27, 2024
Electronics Components: It added that the component ecosystem would take at least 2-3 years to start commercial production. Once it takes off, domestic manufacturing of components should be able to cater to 5-10% of global demand in 6-7 years, ICEA said, adding international firms should be invited to get a major share in the domestic and global component manufacturing market.
May 27, 2024
Electronics Companies: It added that the component ecosystem would take at least 2-3 years to start commercial production. Once it takes off, domestic manufacturing of components should be able to cater to 5-10% of global demand in 6-7 years, ICEA said, adding international firms should be invited to get a major share in the domestic and global component manufacturing market.
May 26, 2024
"The incentive scheme is needed to support growing demand for electronics components to the tune of $75-$80 billion by 2026, and $300 billion by 2032 to support $300 billion worth of electronics products manufacturing by 2026 and $1.2 trillion by 2032," the India Cellular & Electronics Association (ICEA), which represents top smartphone brands and manufacturing companies, said.