Mirc Electronics to re-launch Onida by March
Mirc Electronics, maker of Onida, and one of the few home-grown consumer electronics brands of the 80s, has charted a roadmap to re-launch the brand in February.
In addition, it...
Companies invested Rs 3,585 crore in 72 electronics manufacturing projects
Electronic firms shortlisted for incentives by the government for manufacturing their products in India have invested Rs 3,585 crore in 72 projects up till September this year, Parliament was...
White goods makers pin hope on 2018 to erase woes of 2017
Recovering from the double impact of demonetisation and GST implementation consumer durable firms are pinning hopes on 2018 that improved market sentiment will bring them back to the growth...
Hike in customs duty on electronics likely to boost revenue collection
The recent hike in customs duty on electronic goods is expected to not only discourage imports and boost domestic manufacturing, but could also benefit the Exchequer in a year...
InFocus to hire 5000 employees next year; to invest $20 million in India
Foxconn’s handset brand, InFocus, is planning to hire 5,000 employees in India next year and invest $20 million (Rs 128 crore) in marketing and branding, as it aims to...
Home appliances company Akai going for pan-India presence
Consumer electronics maker Akai is planning to expand its footprint in India. In terms of sales, the company is banking on a mix of brand recall and pricing to...
Havells completes remaining 20 percent stake sale in Fielo Malta
Consumer electricals firm Havells India recently said it has completed sale of remaining 20 per cent stake in its European lighting business to China's Feilo Acoustics for 34.5 million...
Honor shipments to India doubled in 2017, claims Huawei
Huawei's sub-brand Honor is slowly but steadily gaining traction in India. Huawei claims to have almost doubled the shipment of Honor smartphones to India in 2017 as compared to...
Sony’s revenue from India dips for 2nd straight year
Japanese consumer electronics maker Sony’s India revenue declined for the second consecutive year in fiscal 2017, which industry executives attributed to a slowdown in televisions due to intense price...
DoT exempts feature phones from GPS installation diktat
The telecom department has exempted feature phone makers from installing global positioning system (GPS) which helps track the location of a device, saving buyers an almost 30 percent increase...































