Electronics & Electrical

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 […]

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 […]