Finance Ministry Relaxes Norms For Import Of Exported Electronic Goods For Repairs

The government has relaxed the norms for exported electronic goods, like mobile phone, colour TV, certain medical devices, which need to be imported back for repairs.  In a recent report...

GST Cut on 88 Items is ‘Credit Negative’: Moody’s

Estimates by the agency say that the government will have to face the impacts of the GST cut and suffer around Rs 8,000 to Rs 10,000 crore revenue loss Following...

Can New E-commerce FDI Norms Change the Consumer Electronics Landscape?

Many China based smartphone brands have strong shares in online sales. In fact Realme's 100 per cent revenue, till now, has come from online channels The new norms for FDI...

NPE 2018 Looks Like a Document in Haste: techArc Founder

"While it’s essential to set goals and objectives in a policy, it is equally important to have clarity on how to achieve them" Faisal Kawoosa, founder and chief analyst, techARC...

Consumer Electronics Sales After New FDI Norms in E-commerce

The new FDI norms in e-commerce came into effect from 1 February 2019. Industry experts have different views about the impact these have made on the online channels and...

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...

‘Make Mobile Phones in India’ Plan Limited to Assembly Operations: Report

The report claims that Reliance Jio imported 40 per cent phones in 2018. Chinese players like Xiaomi, OPPO, and Vivo had transitioned better from SKDs to CKD units India imported...

Commerce Ministry’s Study Shows Make in India Resulting to Assembled in India

Mobile manufacturers assemble the end products in India by importing components mostly from China which has left Make in India vision to just assembled in India The Commerce and Industry...

Despite Government’s New e-commerce Rules, Online Channels Managed to Sustain Pace: IDC

"In 2019, we should expect further aggressive offline expansion by the online-heavy vendors in an attempt to get a wider footprint in smaller cities and towns" According to the International...

New FDI Guildines May End Online Exclusive Deals and Private Label Sales

A clause in the revised policy read, "E-commerce marketplace entity cannot mandate any seller to sell any product exclusively on its platform only." The revised policy on foreign direct investment...

New Products

AXL-World launches – X-Fit M57 Full Touch Smart Watch

The latest addition to the existing portfolio is the X-Fit M57 full-touch smartwatch. Have you ever wondered? When will there be a smartwatch with...

LG Electronics Expects 30 Percent Growth In Home Appliance Business In 2022

Compressor-based products contribute around 65 per cent of the revenue of the home appliances business of the company Consumer electronics company LG Electronics India said...

OnePlus To Expand Smart TV Lineup In India

Chinese tech giant OnePlus has announced it would expand its smart TV portfolio in India with the launch of two smart TVs, the OnePlus...

People

Satish N.S Appointed As Haier India President After Eric Braganza Retires

Satish N.S. is set to lead consumer electronics company Haier India as President of the company following the retirement of current President Eric Braganza. Braganza's...

Manish Sharma to be Appointed Chairman of Panasonic India

Manish Sharma is currently associated with Panasonic India as president and CEO Manish Sharma, president, Panasonic India Pvt Ltd will take on the role of...

PTron Launched Bassbuds’s Ad Campaign Featuring Aparshakti Khurana

PTron’s Bassbuds is the country’s largest selling Indian TWS: Counterpoint The ad campaign is launched on Youtube & Social Media The brand seems...

Rumors

Boat Heading Towards its Initial IPO Offering

Boat, in its latest funding round, had raised $6.7 million from Qualcomm's VC arm known as Qualcomm Ventures Home grown consumer electronics startup is planning...

Apple Won’t Launch AirPods Studio with iPhone 12 at Launch Event: Report

The sport version of AirPods Studio is expected to be INR 25,463 and the luxury version will cost around INR 43,703 According to...

LG Display To Supply 20 Million OLED Panels For The Upcoming 6.1-inch iPhone 12

BOE Technologies have also improved its OLED technology part by recruiting some former Samsung engineers, which are also being assessed by Apple Apple...