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AP Emerges As New Electronics Hub - Vimarsana News

AP Emerges As New Electronics Hub

May 03, 2021, 16:19 IST Exports of electronics worth Rs 761 crore in 2020–21 Employment generated for 23 thousand people AMARAVATI: The state of Andhra Pradesh is all set to be the new Electronics hub in the country. As per reports, the State-IT and electronics industry estimates that the market value of the state's electronics manufacturing industry has touched Rs 30,000 crore in the 2020–21 financial year. During the same financial period, the State exported electronic goods worth Rs 761.76 crore, according to Commerce Ministry data. This is an increase of 18.37 per cent over exp...

Source: sakshi.com
Worldwide Semiconductor Industry to 2026 - Rising Demand of IoT and Connected Working Ecosystem is Driving Growth - Vimarsana News

Worldwide Semiconductor Industry to 2026 - Rising Demand of IoT and Connected Working Ecosystem is Driving Growth

Press release content from Business Wire. The AP news staff was not involved in its creation. Worldwide Semiconductor Industry to 2026 - Rising Demand of IoT and Connected Working Ecosystem is Driving Growth - ResearchAndMarkets.com April 22, 2021 GMT DUBLIN--(BUSINESS WIRE)--Apr 22, 2021-- Semiconductor Industry Landscape is expected to register a healthy CAGR of over 6% during the forecast period (2021 - 2026). Companies Mentioned Qualcomm Technologies Inc. Texas Instruments Incorporated SK Hynix Inc. Semiconductor Components Industries LLC (ON Semiconductor) Infineon Technologies AG Consum...

Source: apnews.com
Singapore's factory activity expands for ninth consecutive month; PMI highest since March 2019 - Vimarsana News

Singapore's factory activity expands for ninth consecutive month; PMI highest since March 2019

Singapore's factory activity expands for ninth consecutive month; PMI highest since March 2019 Toggle share menu Advertisement File photo of a manufacturing facility in Singapore. (Photo: AFP/Roslan Rahman) 05 Apr 2021 10:20PM) Share this content Bookmark SINGAPORE: Singapore’s factory activity expanded for the ninth consecutive month, data released on Monday (Apr 5) by the Singapore Institute of Purchasing & Materials Management (SIPMM) showed.  The Purchasing Managers' Index (PMI) posted an increase of 0.3 points from the previous month to post a fa...

More women in shop-floor - The Hindu BusinessLine - Vimarsana News

More women in shop-floor - The Hindu BusinessLine

The electronics sector can show the way Electronics units have always focussed on empowering women. With the government giving a big push to ‘Make in India’, new opportunities are emerging across manufacturing sectors. The Covid pandemic has induced reverse migration of workers, forcing some manufacturers to rethink their hiring strategy. According to a recent report, the country’s electronics manufacturing sector has registered a 23 per cent cumulative annual growth rate over the past five years. However, the industry is currently facing a skillset gap as a chunk of the talented women ...

1.5% remission on duties, taxes can make India top electronic exporter by 2025 - Vimarsana News

1.5% remission on duties, taxes can make India top electronic exporter by 2025

1.5% remission on duties, taxes can make India top electronic exporter by 2025 The government recently announced a WTO compliant Remission on Duties and Taxes on Export Products (RoDTEP) scheme that replaced the earlier Merchandise Export Incentive Scheme. Effective since the beginning of the year, the government is yet to notify the rates of the new scheme Sumant Banerji | January 20, 2021 | Updated 17:26 IST Government recently announced a WTO compliant Remission on Duties and Taxes on Export Products (RoDTEP) scheme A bare minimum of 1.5 per cent as remission of taxes and duties for expor...