Electronics & Electrical – Feedback

Electronics & Electrical

Floated a year and a half ago by the promoters of Century Plyboards’, Century LED is targeting a Rs.100 crore turnover in 2017-18 and hopes to double its manufacturing capacity from 10 million units to 20 million units next year. Company which has managed to enhance its network to 16 states also plans to enter […]

Taiwanese consumer electronic gadget contract manufacturer Foxconn is expected to invest Rs 300 crore in expansion of their operations and the government has approved the allotment of 49 acres land, said Tamil Nadu industries Minister M.C.Sampath. Interacting with reporters on the sidelines of Connect-2017 organised by Confederation of Indian Industry (CII), he said Foxconn has […]

Hero Electronix, the electronics and technology venture of the Hero group, today announced acquisition of analog design business of Bengaluru-based Analog Semiconductors. Acquisition – whose financial details have not been disclosed – was made through the company’s engineering services venture, Tessolve, Hero Electronix said in a statement.It adds to Tessolve’s analog design services offering and […]

Micromax is planning to invest Rs.300 crore in manufacturing. Company will also foray into segments such as washing machine, refrigerator and microwave, as it plans to be a complete consumer electronics maker.It also aims to have seven to eight percent market share in the TV panel market this FY 2018 by selling around eight lakh […]

Osheen Electronics is planning to set up an LED bulbs, LED lights and panels manufacturing unit at Electronic Parkin Raipur district of Chhattisgarh. Work on the project is expected to begin by February 2018. LED Lights project will entail an investment of Rs. 29 crore and will spread over two acre of land. Land acquisition […]

Steel ministry is spearheading a Rs 500-crore public-private research and development project for indigenous technology to produce high value cold rolled grain oriented (CRGO), or electrical steels in India. Electrical steels, used in manufacturing static motors such as transformers, are priced at nearly Rs 1.5 lakh per tonne —five times the value of hot rolled […]

Chinese electrical appliance manufacturer, Midea Group plans to invest Rs 800 crore to establish a manufacturing facility in India. The company will acquire 43 acre of land in Supa Parner Industrial Park II near Pune, Maharashtra, to set up a greenfield manufacturing facility for consumer home appliances and components.Facility will manufacture five lakh refrigerators, six […]

Samsung to invest Rs 4,915 cr in Noida plant Samsung will invest Rs 4,915 crore in its plant in Noida, Uttar Pradesh. The company plans to double its manufacturing capacity for smartphones and refrigerators. As a result of the investment spread over the next two years in the Noida factory, the production capacity of smartphones […]

South Korean consumer electronics major LG Electronics is aiming to corner half of the super premium television market in India helped by its OLED range. LG today launched a new range of OLED TVs loaded with features like Dolby Vision and colour science expertise priced between Rs 3.5 lakh to Rs 30 lakh. http://economictimes.indiatimes.com/articleshow/59038323.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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 […]