Electronics & Electrical

Germany-based antennas and broadcast equipment manufacturer Kathrein today opened its first regional customer experience centre in Bengaluru in a move to expand its activities in the Asia-Pacific region. “The location in Bengaluru is very important for our future growth in the significant APAC region,” said Anton Kathrein, CEO of the Kathrein Group. “At the new […]

South Korean consumer electronics major LG today said it will launch premium products under its new LG Signature brand in India in July. The company has brought its best technology and designs under the single brand, LG Signature, which has been unveiled here. “India is a one of the most important markets for us. We […]

Networking giant Cisco Systems Inc. on Thursday unveiled one of the most popular products in its switching portfolio as the company’s first “Make in India” product. Minister for electronics and information technology Ravi Shankar Prasad said at the launch that he had requested Cisco’s executive chairman John Chambers to manufacture products in India. “This product […]

Chinese display panel maker BOE Technology has forayed into the Indian market as the company expects good opportunity in the consumer electronics segment here. The Beijing-headquartered firm has aggressive expansion plans for both business-to-business and business-to-consumer category, following rapid growth of TVs, mobile phones and Internet of Things (IoT) markets. “India’s TV and mobile consumer […]

Aimed at positioning India as a global manufacturing hub, Finance Minister Arun Jaitley on Wednesday announced increase in allocations towards schemes like Modified Special Incentive Package Scheme (M-SIPS) and Electronic Development Fund (EDF) to Rs 745 crore in 2017-18. “We are also creating an ecosystem to make India a global hub for electronics manufacturers. Over […]

LED lighting companies will meet power minister Piyush Goyal against imposition of import duty on input components. Budget 2017 proposes to levy 5% basic customs duty on all parts and inputs used in manufacturing of LED lights. There was no customs duty on imported MPCBs so far, while there was a 10% duty on finished […]

The government’s LED distribution scheme has sparked a price war in the lighting industry. Domestic LED lamp manufacturers have alleged that some firms are indulging in monopolistic practices to bag government tenders at unviable prices, driving away competitors. Philips Lighting India, for instance, bagged a tender at Rs 38 per 9-watt bulb on a condition […]

Crompton Greaves today said it has received shareholders approval for changing the companys name to CG Power and Industrial Solutions Ltd. “The members of the company have with requisite majority, approved change of company name from Crompton Greaves Ltd to CG Power and Industrial Solutions Ltd vide Postal Ballot Voting (physical and electronic voting,” the […]

Havells is venturing into electronic personal care category from next month and undertaking a feasibility study to enter into water purifiers to expand its consumer products business. The Noida-based makers of electrical products will roll out products like shavers, trimmers, epilators, hair straighteners and other beauty and personal grooming products. Havells will initially outsource the […]

The Cabinet on Wednesday approved amendments in the Modified Special Incentive Package Scheme (M-SIPS) to further incentivise investments in electronics sector and moving towards the goal of ‘Net Zero imports’ in electronics by 2020. The Cabinet in July 2012 had approved the M-SIPS to provide a special incentive package to promote large scale manufacturing in […]