Phones worth Rs 94 cr to be manufactured in India
Around Rs 94,000 crore worth of mobile phones are expected to be assembled in India this year, a jump of 74 per cent over the last financial year, government...
Handset makers propose lower duties on mobile components made in India
In a bid to boost the Make in India campaign initiated by Prime Minister Narendra Modi, handset makers have asked the government to bring down the duties on mobile...
Budget 2017: Cellphone makers expect incentives for making in India
Handset makers operating in India expect the government to continue duty differential regime for mobile phones in the upcoming budget, amid business slowdown due to demonetisation and the imminent...
Apple to be considered as a ‘marquee’ investor: IT Secretary
The Ministry of Electronics and IT (MeiTY), along with the departments of commerce and revenue will take a "coordinated" view on Apple's conditions for local production in India though...
Samsung Cuts Prices To Pass GST Reduction On Electronic Items
Electronics major Samsung, which sells a range of products including TVs, fridges and washing machines, said that it has reduced prices by nearly 8 per cent to pass on...
Home Appliances Get Cheaper as Govt Announces 10 Per Cent GST Cut
Air conditioners, dishwashers, digital cameras and televisions of more than 26 inches have not seen the GST cut and remain in the 28 per cent category Goods and Service Tax...
CBIC to Look into Increasing Import Duty on Consumer Durables
Domestic Industry had urged the govt to hike import duty to protect their business from cheap imports as GST cut lowered IGST rates for importers too The Central Board of...
IT Minister Nara Lokesh Aims to Make Andhra the Country’s Electronics Hub
Andhra Pradesh government has sanctioned Rs 600 crores to provide subsidies to the electronics industries and aims to make it the topmost electronics hub Nara Lokesh, the information and technology...
Appliances Gets Cheaper By 7-10 percent After GST Rate Cut
The GST rate cut has come into play from July 27 due to which many electrical appliances have become cheaper on pockets. Many consumer durable firms have slashed the...
Government Likely to Adopt Fresh Measures to Curb Electronic Imports
India has been increasingly importing telecom equipment worth $22 billion and the overall electronic imports have been estimated to reach $300 billion
The government has decided to check on new...