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Karnataka Amends Industries (Facilitation) Act For Small, Medium and Large-scale Industries

Under the amended Act, an industry would not need any statutory permissions for the first three years to set up operations in the...

Telecommunications Equipment Certification From Indian Labs Made Mandatory

Telecom Equipment Manufacturing Association (Tema) has complemented the start of second phase of MTCTE regime India, currently has 50 accredited labs and plans...

Government’s New MSME Funding Scheme Promises Rs 20,000 Cr

Promoter(s) of the MSMEs will be given credit equal to 15 per cent of their stake (equity plus debt) or Rs 75 lakh...

Rs 79,000 Cr MSME Loans Sanctioned Under Emergency Credit Line Announced by the Government

As part of the Aatmanirbhar package Government had announced its plans for Rs three lakh Cr as additional credit to MSMEs and small...

Railway Ministry PSU Cancels Rs 471 Cr Telecom Equipment Contract With China-Based Company

The central government might also scrap 4G telecom tenders to keep Chinese companies away Tensions between the defense forces of China and...

Rs 4,21,103 Crore Exports Clocked by STP-Registered Units During 2019-20

These export figures were Rs 52 crores in 1992-93 Software Technology Parks of India (STPI) celebrated its 29th foundation day, recently The US$191 billion...

Mobile Phone and Components Production to Reach Rs 10,00,000 Crore by 2025: Meity

The ministry has unveiled all the terms and conditions of the PLI, SPECS and EMC 2.0 schemes These schemes, as Meity informed, shall...

Rs 3420 Crore PLI Scheme For Promoting Manufacturing of Medical Devices in India

The government of India has also announced Rs 400 crore outlay for setting up medical device parks in India India's medical devices market...

New Financial Lending Institutions to Support Small-Scale Units in Works: Government of India

The current contribution of MSMEs in exports sector is around 48 per cent The MSME ministry aims to restructure 25 lakh MSMEs by...

Second National Electronics Policy Will Make India an $400 Billion Consumption Market: Report

Vinod Sharma, Managing Director, Deki Electronics Ltd, mentioned the same to Zee Media A lot of Indian companies depend on Chinese imports for...

Thinking of an Import Substitution Policy: Nitin Gadkari

Indian companies rely heavily on component imports for electronics production in India In fiscal year 2019, India imported electronic products valued at nearly...

Cargo & Goods Trucks Allowed Free Movement Across India: MHA

Revised guidelines states that no separate passes are required for through traffic of trucks and goods carriers, including empty trucks The entire ESDM...

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...
Image for representation purpose

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...
Image for representation purpose

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...