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The Centre on Monday informed that electronic goods exports increased by 16.91 per cent in the month of June (year-on-year), bolstered by the production-linked incentive (PLI) scheme. The exports increased from $2.42 billion in June 2023 to $2.82 billion last month, according to data shared by the Ministry of Commerce and Industry. In April, the electronic goods exports increased by 25.8 per cent, from $2.11 billion in April 2023 to $2.65 billion this year. Led by mobile phones...
India`s electronic goods exports up 16.9 pc at $2.82 bn in June
The electronics industry on Tuesday urged the Central government to look into lowering tariffs on inputs in the upcoming budget and scale up local manufacturing to further beat China and Vietnam. The recommendations by the electronics industry, aimed at attracting Global Value Chains (GVCs) to India, are based on a detailed seven-country "Tariff Study" on input tariffs for smartphones, examining the impact of high tariffs on India's mobile phone manufacturing and export compe...
Electronics industry seeks lower tariffs, support for local ecosystem in upcoming budget
The semiconductor lobby groups of South Korea and the United States discussed ways to expand bilateral cooperation in technology research and maintaining a stable supply chain, Seoul's industry ministry said on Friday. The US-Korea Supply Chain and Commercial Dialogue Semiconductor Forum, held in Washington, was organised following an agreement between the two countries in April last year to create an event to explore ways to expand ties in the sector, according to the Ministry o...
South Korea, US lobby groups discuss ties in chip tech, supply chain
India’s electronic goods exports increased by 25.8 per cent in the month of April (Year-on-Year), from $2.11 billion in April 2023 to $2.65 billion this year, the Ministry of Commerce and Industry said on Wednesday. Overall, India’s total exports (merchandise and services combined) in April is estimated to be $64.56 billion, clocking a growth of 6.88 per cent over April last year. The key drivers of merchandise exports growth included electronic goods, organic and inorganic ...
India`s electronic goods exports up 25.8 pc YoY in April
The electronics industry in India saw a massive 154 per cent growth in hiring and skilling in the last financial year (from March 2023 till March this year) and the telecom domain led the industry, a report showed on Thursday. The telecom vertical accounted for 64 per cent of hiring, closely followed by lighting and automotive sectors, according to research conducted by Quess Corp Ltd, a workforce management solutions provider. The electronics industry also witnessed a significant...
Indian electronics industry sees impressive 154 pc growth in hiring, skilling
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