Page 25 - Optiemus Electronics News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Optiemus buys out Wistron stake in manufacturing JV SECTIONS Last Updated: Apr 15, 2021, 01:35 PM IST Share Synopsis “Optiemus Infracom Limited, leading telecommunications enterprise today announced the completion of the acquisition of 27,60,000 Equity shares (19.91% of the total share capital) of Optiemus Electronics Limited, Subsidiary and Joint Venture Company, by way of transfer from Wistron Corporation,” it said in an exchange filing on Thursday. AFP Taiwan’s Wistron, the world’s second largest contract manufacturer, entered India in 2015 by forming the joint entity with Optiemus...

Under PLI Scheme, Smartphone Makers Produced Goods Worth Rs 35,000 Crore, Invested Rs 1,300 Crore Till December 2020 Smartphone assembly in India. (@AmitHPanchal/Twitter) In a positive development, the smartphone makers selected by the Centre under its ambitious production linked incentives (PLI) scheme for large scale electronics manufacturing invested Rs 1,300 crore and produced goods worth around Rs 35,000 crore in the first five months of scheme operation till December 2020, reports Economic Times. Besides, the quarter also saw the shortlisted companies create around 22,000 employment op...

Mobile manufacturers shortlisted under a production linked incentive scheme invested Rs 1,300 croreand produced goods worth around Rs 35,000 crore in the 2020 December quarter, the ministry of commerce and industries said on Wednesday. The Production Linked Incentive (PLI) Scheme for large scale electronics manufacturing was notified on April 1, 2020, under which there will be an incentive of 4 to 6 per cent on incremental sales for a period of five years subsequent to the base year. The government had selected 16 proposals under the scheme, including from Samsung, Foxconn Hon Hai, Rising ...

Synopsis Buoyed by the surge in interest from global manufacturers, the government is also planning PLI for other sectors to boost domestic manufacturing of wearable devices such as smartwatches. Leading international companies are expanding production at their newly setup units in India after the government launched attractive initiatives such as the production-linked incentive (PLI) scheme for smartphones and other technology-driven sectors, Girija Pande, chairman of Apex Avalon Consultancy, said on Monday. Buoyed by the surge in interest from global manufacturers, the government is also pl...

Global firms expand production in India after govt woos investors with PLI scheme Buoyed by the surge in interest from global manufacturers, the government is also planning PLI for other sectors to boost domestic manufacturing of wearable devices such as smartwatches PTI | April 5, 2021 | Updated 22:05 IST The PLI schemes will help India export electronic/IT goods worth Rs 2.45 trillion a year  Leading international companies are expanding production at their newly setup units in India after the government launched attractive initiatives such as the production-linked incentive (PLI) scheme ...