Page 4 - Manufacturing Programme News Today

External Affairs Minister S Jaishankar has emphasized on India’s role in critical and emerging technologies and importance of Nation’s growth in the electronics sector, particularly semiconductors, addressing the last day  of the three-day SemiconIndia 2023

Please refer to my letter dated 2-6-2023 addressed to you on the above subject

Designed to boost India’s manufacturing capabilities and exports, the production-linked incentive scheme has had a tepid beginning. Things might begin to change in FY24, with economic activity predicted to normalise

The surge in wearables manufacturing in India is impacting Chinese assembly lines adversely, with many factories in that country facing a sharply reduced order book, several industry executives ET spoke to have said.

Top wearables brands such as Boat and Gizmore are making most products locally in key categories audio and smartwatch through electronics contract manufacturers such as Dixon Technologies and Optiemus Electronics, several industry executives ET spoke to have said.

Wearables Production: Top wearables brands such as Boat and Gizmore are making most products locally in key categories audio and smartwatch through electronics contract manufacturers such as Dixon Technologies and Optiemus Electronics, the people added.

India’s PLI scheme is being hotly debated but we must also talk about our trade policy that has seen tariffs and input costs go up, thus counter-productively hurting domestic producers.

India's growth projections remain positive, and global firms see India as a key destination to diversify their manufacturing reliance on China. Despite that, several factors have created a challenging environment for attracting foreign investments in India.

PLI Scheme: Of the $101 billion electronics production in FY23, smartphones constituted $44 billion

Greaves Electric Mobility is a subsidiary of Greaves Cotton Ltd and operates under the Ampere brand. It offers a range of electric two-wheeler models, including Primus, Magnus EX, and Reo Plus. These models are part of the Ampere brands product lineup in the electric mobility segment.