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Consumer electronic companies to step up investment

Companies like LG, Dixon and Super Plastronics also indicated that they will expand their investment for manufacturing capacity and add newer categories for production.

'Zero duty on open cell TV panels only till September 2020'

India imports finished open cell panels, which are used in making the LED panels, since there is no panel manufacturing facility in the country.

247around to add 2,000 temporary staff for festive season

The company currently employs 10,000 engineers.

TV makers hail scrapping of duty on open cell panel, manufacturing cost to go down by 3%

The announcement has come just ahead of the festive season sales and would positively impact the sales of LED TV panels.

Government scraps 5 per cent import duty on open cell TV panel

The move would also help to reduce the price of TV panel by around three per cent.

Finance ministry scraps import duty on open cell LED TV panel

The open cell LED TV panel is the most critical component used in LED TV manufacturing accounting for 65-70% of the total production cost.

CBIC goes to NCLT, claims Rs 4.6 crore CGST dues from Videocon

The Videocon resolution process has been going on for 427 days, and the tax authorities are seeking a quick redressal.

Hero Electronix to invest Rs 150-200 crore, forays into consumer space with Qubo

The company, which is part of the Hero Group, has launched a voice-controlled smart indoor camera and smart sensors (for doors, gas leakage and smoke) under the 'Qubo' brand.

Pre-owned phones gain amid slump

Refurbished smartphone sellers expect market to grow 25% in FY20

MeitY, DPIIT urge lower GST on ACs, high-end TVs

This is the first time that the ministry and DPIIT have pushed for a reduction in GST on these products.

Sony India's revenue falls for fourth year in a row

Sony India's revenue falls for fourth year in a row

Analysts, however, predicted a tough year ahead for the company in India with Chinese brands like OnePlus and Xiaomi ready to enter the premium television segment.

Ravi Shankar Prasad to meet electronics industry CEOs to discuss sector issues, export ambitions

Ravi Shankar Prasad to meet electronics industry CEOs to discuss sector issues, export ambitions

The meeting comes at a time when India has set its sight on creating a USD 400 billion (around Rs 28.43 lakh crore) electronic manufacturing ecosystem by 2025.

Despite widening slowdown,Voltas eyes 20% volume jump

Despite widening slowdown,Voltas eyes 20% volume jump

Voltas has partnered with group firm Tata Power to promote energy efficient ACs. Under this, Tata Power consumers in the city can exchange their ACs for Voltas' 5- star-rated inverter split ACs.

JBL ropes in Ranveer Singh as global brand ambassador

JBL ropes in Ranveer Singh as global brand ambassador

As part of the deal, Singh will also participate in a series of marketing initiatives to strengthen JBL's dominance in the country.

Slowdown no worry as Samsung growing across channels: Samsung mobile business VP

Slowdown no worry as Samsung growing across channels: Samsung mobile business VP

"Online business has seen triple-digit growth as we speak, and this will only grow as we enter the festive season," Asim Warsi said.

Premium TVs hold fort for Sony India; volume drop may continue

Premium TVs hold fort for Sony India; volume drop may continue

Company to focus on 4K sets and bigger TVs amid stiff competition in 32-inch space.

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