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Mobile firms request govt to build polices to compete with countries There should be long term policies to address disabilities, stable tax regime aligned with the phased manufacturing plan, and review GST regime to boost domestic demand in the short term, says mobile firms PTI | March 5, 2021 | Updated 22:31 IST Representational Image Mobile manufacturers on Friday requested the government to come up with policies that focus on competition with countries and not companies, sectoral industry body ICEA said in a statement. Addressing a webinar on production linked incentive scheme on Friday,...

"It is imperative to offset the disabilities vis-a-vis other countries and encourage Global Value Chains (GVC's) and domestic industry players to set-up manufacturing facilities in India. We need to build policies to compete with countries and not companies," ICEA Chairman Pankaj Mohindroo said.

Mobile manufacturers on Friday requested the government to come up with policies that focus on competition with countries and not companies, sectoral industry body ICEA said in a statement. Addressing a webinar on production linked incentive scheme on Friday, Prime Minister Narendra Modi said the scheme, aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by USD 520 billion in the next five years. The scheme was first notified to boost mobile manufacturing in the country, and later on, it was extended to other sectors after seeing traction...

Tuesday, 19:13, 23/02/2021 Vietnamese enterprises should dig into new technologies to improve product quality and brands so as to better engage in the global value chains, Minister of Industry and Trade Tran Tuan Anh has said. VinGroup's Vsmart phones are distributed in Spain via MediaMarkt electronics retailer. (Photo: enternews.vn) Anh, who is also Chairman of the Party Central Committee’s Economic Commission, suggested that technological development within businesses could be made through close cooperation with foreign-invested enterprises and encouraging technology transfer. Along...

Author: Yvette To, CityU A priority in the Chinese Communist Party’s (CCP) 14th Five-Year Plan (2021–25) is to strengthen China’s autonomy in semiconductor production. This is in response to US sanctions restricting the supply of chips containing US technology to China. The trade war is a reminder for Chinese leadership that it can no longer rely on imports and must develop in-house core technology and pursue technological leapfrogging, especially in essential components such as semiconductors. China’s demand for modern and emerging technologies is on the rise. Semiconductor imports i...