Investment
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India’s Electronics Boom: Spearheading The Global Market from Import to Export Weeks after Shri Narendra Damodardas Modi became the Prime Minister of India in May 2014, a meeting has been summoned by the PM in Vigyan Bhawan for discussing key development strategies and the roadmap for India. While discussing the current policies and strategies, the PM also urged for Making products in India. In fact, separate funds and campaigns must be done to… |
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Why China Leads the Global EV Sales with 28% YoY Growth: Highlight Experts PHEV sales saw a significant rise with a 46 percent YoY growth, while BEV sales increased by just 7 percent YoY as OEMs gradually pulled off their BEV supply targets. Reports now surfaced that global passenger EV (BEV+PHEV) sales grew 18 percent YoY in Q1 2024. While BEV sales increased by a modest 7 percent YoY during the quarter,… |
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4th Electronics Supply Chain Summit: Experts Highlights The Opportunities to Grow Security Products Industry in India Various ministries and associated departments were urged via PPO that security and added products will not be purchased from brands that are having a long history of security breaches and data leakage. The global CCTV market is around 2 lakh crores, growing at a rate of 17 percent and is expected to reach more than 100 billion dollars. In the surveillance industry, India has the potential to… |
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Global Connected Car Sales to Exceed 500 Million in 2024-2030
About nine out of 10 connected cars sold in 2030 will have embedded 5G capability.
China is expected to lead the connected car sales market, followed by USA, India, Japan and Germany.
The entire automotive industry is ripe for disruption with the marriage of various advanced capabilities from electric drive train and AI-driven autonomous driving to advanced HMI,… |
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Tesla Signs Agreement with Tata Electronics to Source Chips for its Global Operations Tesla’s agreement with Tata proves that it is no longer reliant on a single market and is now committed to expand its supply chains In an effort to grow in the Indian market, Tesla, backed by global business tycoon Elon Musk, has now signed an important contract with Tata Electronics to source chipsets for its international… |
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India EV Sales Surge to Double in 2023: Find Out Why
India’s EV sales nearly doubled in 2023, driven by rising consumer interest, government initiatives, infrastructure development, and concerns over climate change.
Projections for 2024 show EV sales rising 66 percent to constitute 4 percent of total passenger vehicle (PV) sales, driven by new entrants and government subsidies.
In 2023, even as India’s passenger… |
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Tesla Sends Team to India to Find Appropriate Locations for its New Manufacturing Plant To avail the tax exemptions, the companies will have to invest at least Rs 41.5 billion and make the cars in India within just three years. Media reports now surfaced that EV giant Tesla sends a team in India to find appropriate locations for setting-up a new plant in the country at an investment of $2bn-43bn. People familiar with… |
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Will India Become the Next “World’s Factory” in Electronics Manufacturing? An In-Depth Analysis 10 years ago, India imported 98 percent of mobile phones and at present 99 percent of the devices are made in India. In the coming days, 25 lakh people will work in electronics manufacturing. During the COVID-19 situation in 2021, China manufactured around $1.7 trillion worth of electronics, which contributed 28 percent of global production. China holds a 33 percent share of global exports… |
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How the New Anti-dumping Duty (ADD) will Impact PCB Manufacturing in India?
India imposes 30% anti-dumping duty on bare PCBs from China and Hong Kong, safeguarding domestic electronics manufacturing
Manufacturers and associations support the move, emphasizing the need to strengthen PCB manufacturing for self-reliance
Stakeholders stress investments in infrastructure and technology to capitalize on India's electronics industry growth
India… |
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The Decades of Wait is Finally Over: India to Have Its Own Semiconductor Fab
The union cabinet has finally approved three semiconductor venture applications at an investment of Rs 1.26 Lakh Crore
The fab will produce 50,000 wafers per month coupled with a direct employment of 26,000 people and 1 lakh indirect employment
In an effort to boost India’s semiconductor industry, the union cabinet, after several rounds of discussions, has finally… |
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How is India Forming Strategies to Strengthen its ACC Battery Ecosystem Backed by PLI Scheme
India needs to run on local ACC manufacturing, creating a robust ecosystem for innovation and economic growth.
What are Advanced Chemistry Cells and Why Are Efforts Being Made to Boost the Ecosystem?
ACCs are cutting-edge advanced storage technologies that have the ability to store electrical energy either as chemical energy or electrochemical energy and… |
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Why Without Developing Automation and Digitization, India Cannot Succeed In Electronics Manufacturing Globally In the current product mix, out of the 100 billion dollars, we are actually manufacturing 52.7 percent of the electronics components, according to last year's data. The union government, policymakers, and the manufacturers have been undertaking key initiatives to boost the country’s electronics and semiconductor manufacturing… |
