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Electronics & Electrical

The government may put on hold its recent notification advancing the date of levying duties on imported electronic components under a Make In India plan after handset makers with domestic manufacturing and assembling facilities protested that these levies would increase the cost of locally manufactured mobile phones, making it cheaper to import them and effectively […]

Electronics and electronic chip maker body IESA expects to promote 100 startups to help them create 1,000 intellectual property rights (IPRs) and generate business worth Rs 1,000 crore in five years. In January, IESA signed a pact with STPI and IIIT-Bhubaneswar to establish an electronic system design and manufacturing incubator at Bhubaneswar. https://www.business-standard.com/article/companies/iesa-aims-to-create-rs-1-000-cr-business-1-mn-jobs-from-startups-in-5-yrs-119012100827_1.html

Siemens India has launched the Digital Experience and Application Centre (DEX), a full-fledged testing, simulation and training centre for the machine tool industry, in Bengaluru. The facility, spread across 9,000 sq ft, allows machine tool manufacturers and users to experience the integrations of hardware with software solutions as well as that of the physical with […]

Samsung has retained its market leadership in microwave ovens in India for the last three years despite the entry of newer brands in this segment. Samsung became market leader in microwave ovens in 2016 when it clocked over 32% share by volume sales. The lead continued in 2017 while the brand extended it in last year. […]

Orient Electric Limited is strengthening its premium fans portfolio, with the launch of its IoT-enabled smart ceiling fan, Aeroslim. The company said it expects the new product to see strong traction among consumers in both metros and smaller cities.  https://www.thehindubusinessline.com/todays-paper/tp-news/article26009759.ece

Hero Electronix, the electronics and technology venture of the Hero group, announced foray into consumer products segment with plans to launch 10 artificial intelligence (AI) powered and connected devices in the next five years. https://economictimes.indiatimes.com/industry/cons-products/electronics/hero-electronix-forays-into-consumer-tech-to-launch-10-products-in-5-yrs/articleshow/67456069.cms

Import of electronics and IT goods without registration with the Bureau of Indian Standards (BIS) is prohibited. Under the Electronics and IT Goods (Requirement of Compulsory Registration) order 2012, imports of these goods is allowed through the registration with the BIS or on specific exemption letter from the ministry of IT and electronics (MeitY). https://economictimes.indiatimes.com/industry/cons-products/electronics/government-prohibits-imports-of-unregistered-non-complaint-electronics-and-it-goods/articleshow/67460820.cms

Schindler also plans to invest significantly in digitisation and data analytics. Additionally, investments in the residential real estate market, apart from the commercial segment, will drive the growth of elevators and escalators. Currently, the domestic elevator and escalator market is estimated at around 80,000 units per annum, including 10,000 units of manually handled lifts. https://www.business-standard.com/article/companies/schindler-wants-to-make-india-its-manufacturing-and-r-d-hub-119010600101_1.html

Japanese air conditioner maker Daikin’s India unit, which has two functional units in Neemrana, Rajasthan, is in the final stages to select for its third manufacturing facility, which would be in the southern India and cater the exports market. https://economictimes.indiatimes.com/industry/cons-products/durables/daikin-india-aims-100-billion-yen-turnover-in-2-years-on-growing-sales-exports/articleshow/67404850.cms