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DPIIT Notifies PLI Scheme For White Goods

Mere assembly of finished goods will not be incentivized Companies investing in basic/core components shall have a higher priority Within target segments, ‘Large...

Meity Not Ready to Treat FY22 as First Year of PLI Targets: Report

This could mean that handset and component manufacturers like Foxconn, Wistron, Optiemus, Dixon, Lava, Bhagwati, UTL, Sahasra, AT&S and Neolync will not receive any...

Date For IGST & Compensation Cess Exemption on Imports by EoUs Revised

The EPCG scheme was originally intended to give relief to exporters as they were not mandated to pay Integrated Goods and Services Tax (IGST)...

India Will Have to Wait Six More Months For New Foreign Trade Policy

Citing uncertainties caused by Covid 19, the government of India has extended country's foreign trade policy by six months The Union Commerce Ministry of India...

Bihar Govt Developing IT & ITeS Electronic Manufacturing Hub

For the Startup ecosystem, the government of Bihar has taken number of initiatives and more than 900 start-ups have been assigned for 100 per...

MeitY Drafting a Scheme Focusing on Inviting Display Fabs in India

The ministry has invited response to Expressions of Interest (EoI) from display fabs to set shop in India. China leads the display manufacturing vertical...

Delhi Government Will Only Buy Electric Buses: Gahlot

The government of Delhi is looking to buy 1,300 low floor electric buses. A tender for procuring another 575 electric buses has also been...

India’s First Engineering R&D Policy Announced in Karnataka

Focus on sectors including aerospace & defence, auto, auto components and electric vehicles, biotechnology, pharma and medical devices, semiconductors, telecom, ESDM and software products The...

With PLI Scheme, Around 16 Lakh Crore Worth of Electronic Equipment Can Be Produced Locally: FCC

As per a report, local manufacturing may add $520 billion to India’s GDP in the next five years ‘Modi Government’s announcement on PLI Scheme has...

PLI Schemes Will Lead to Production Worth $520 Billion: Narendra Modi

"Even during Pandemic, the sector manufactured goods worth Rs 35000 crore last year, saw a fresh investment of about Rs 1300 crore and created...

Gadkari Invites MSMEs to Avail Concessional Debt Finance For Rooftop Solar Installations

The World Bank is working with the Ministry of Micro, Small & Medium Enterprises, to bring in a credit guarantee mechanism catering to lending...

5G Test Bed: Testing and Integration of Software With Hardware by October

Globally Telecom and Networking Products exports represent an US$100 billion market opportunity, which can be exploited by India India's aims of taking leads in the...

Industry's Buzz

Safran

Safran Secures First NATO Naval Order For Optronic Sights With MSI

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Safran brings Optronic Sights to MSI's naval and land gun systems. Safran Electronics & Defense and MSI-Defence Systems have signed a Franco-British agreement to fit...
Amber Enterprises

Amber Enterprises Completes Full Acquisition of Power-One Micro Systems

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Amber Enterprises subsidiary acquires remaining 40% stake in Power-One through share swap. Amber Enterprises has bought out its remaining minority partners in Power-One. IL JIN...
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Cosmoserve Opens Base 1 To Develop Space-Grade Electronics In-House

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Cosmoserve Space has opened a new facility in Hyderabad to develop space-grade electronics, optics and avionics in India, with the aim of cutting reliance...
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Nemi Targets Nasdaq Listing With USD 400 Million Valuation

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Nemi is going public. The plan? A $400 million Nasdaq listing. The company just signed a definitive business combination agreement with BHAV Acquisition Corp. This...
LG logo

LG Electronics India to Step Into India’s Automotive Market

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The South Korean headquarters of LG Electronics will continue to support the business with global technologies and existing relationships with global car manufacturers. LG Electronics...

Learn From Leaders

Roberto Gatti, Founder and CEO of Delvitech

The Eye That Spots Defects Before They Happen

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Most inspection machines tell you a board failed. Delvitech's tells you when it is about to.Every inspection stage in a factory traditionally needs its...
Pravin Patel, Founder and Chairman, Brio Agri, India

“Our goal is not to replace farmers, but to empower them with better tools,...

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In an exclusive interaction with EFY's Saba Aafreen, Pravin Patel, Founder and Chairman of Brio Agri, discusses building hydroponics and controlled-environment agriculture in India,...

Does India’s Chip Packaging Growth Need Local Materials At Scale?

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What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

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A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

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Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...

Startups

EVE NET Turns Spare Smartphone Capacity Into An AI Cloud

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What if the phone in your pocket could help run AI? A Mumbai-based startup wants to cut AI computing costs by tapping into millions...

Vimag Labs’ Magnet-Free Motors Set To Redefine EV Efficiency

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Can software replace rare-earth materials? This Bengaluru startup uses virtual magnets to eliminate traditional permanent magnets, boosting EV motor efficiency up to 95 per...

Pine Labs Q2 FY27 Profit Soars 6.5x

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Pine labs said that it processes 25 million transactions per day, a 22 per cent increase from the previous year. Fintech company Pine Labs, reported...
Dr Venkata Sai Kiran, Founder, Red Balloon Aerospace

How Near-Space Platforms Could Revolutionise Broadband Connectivity – Dr Venkata Sai Kiran, Red Balloon...

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As nations explore high-altitude platforms for communication, surveillance, and scientific research, Red Balloon Aerospace is developing super-pressure balloons, tethered aerostats, and airships for near-space...
Manish Seth, Founder, Vimag Labs

Beyond Rare-Earth Magnets: How Vimag Labs Is Reimagining Electric Motors – Manish Seth, Vimag...

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Can software replace rare earth magnets in electric motors? Manish Seth of Vimag Labs speaks to EFY’s Nitisha Dubey about Virtual Magnet Technology, which...