New Delhi, Feb 8 (IANS) The manufacturing of electronic components is growing rapidly and 46 approvals have been granted — with Karnataka is set to receive investments exceeding Rs 10,000 crore, according to Union Minister Ashwini Vaishnaw.In Budget 2026-27, Finance Minister Nirmala Sitharaman increased the budget for the electronic component manufacturing scheme from Rs 22,000 crore to Rs 40,000 crore. This will significantly accelerate the electronics manufacturing journey. “Our Prime Mini…
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New Delhi, Feb 2 (IANS) Union Budget 2026‑27 marked a “pragmatic approach” with “no fireworks,” laying the groundwork for a stable medium‑term growth environment, without focusing on immediate catalysts for equity markets, a report has said.Global Brokerage Jefferies India in the report lauded the renewed emphasis on capital expenditure, particularly in defence, which was enabled by slower fiscal consolidation.The brokerage also welcomed support for data centres and electronics compo…
Davos, Jan 21 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday said that the state’s engagement with global industry leaders at the World Economic Forum (WEF) Annual Meeting in Davos has opened up promising avenues for future investment and collaboration. In a post on social media platform X, the Chief Minister noted that over the last three days, he interacted with more than 20 leading business figures, exchanging views on how Assam offers a unique and competitive ecosystem across…
Davos, Jan 21 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday said the state’s participation at the World Economic Forum (WEF) Annual Meeting in Davos as part of “Team Bharat” reflects India’s evolving growth narrative, where every region is now positioned as a credible destination for global investment. Speaking to the media after concluding his engagements at Davos, Sarma said Assam’s presence at the global platform underlined India’s transition towards balanced and in…
Mumbai, Jan 9 (IANS) In a boost for the ‘Make in India’ and ‘Digital India’ initiatives, L&T Semiconductor Technologies Limited (LTSCT) on Friday announced its entry into the cellular IoT module business during ‘CES 2026.’The launch empowers OEMs and device makers to rapidly integrate pre-certified 4G modules into smart devices spanning energy meters, industrial sensors, and connected vehicles.This marks a strategic step forward for India’s electronics ecosystem, dramatically acc…
Jaipur, Jan 6 (IANS) Rajasthan Chief Minister Bhajan Lal Sharma said on Tuesday that artificial intelligence (AI) is writing a new code and a new language for humanity in the 21st century. He emphasised that AI is a crucial component of Rajasthan’s development journey and, when used responsibly, can significantly strengthen e-governance, digital inclusion, and citizen-centric service delivery.The Chief Minister was addressing the inaugural session of the Rajasthan Regional AI Impact Conference 2…
New Delhi, Jan 5 (IANS) Union Electronics and IT Minister Ashwini Vaishnaw on Monday said that ‘Bharat’ will become a major player in entire electronics stack — design, manufacturing, operating system, applications, materials and equipment.In an X post, the minister said that in a major milestone for Prime Minister Narendra Modi’s ‘Make in India’ and “our quest to become a producer economy, Apple ships $50 billion worth mobile phones in 2025”.“Electronics production has increased s…
New Delhi, Jan 2 (IANS) The government on Friday approved 22 new proposals under the Electronics Components Manufacturing Scheme (ECMS), which are likely to receive Rs 41,863 crore worth investments and generate nearly 37,000 direct and indirect jobs — a move which is aimed at strengthening domestic supply chains and reducing import dependence for critical electronic components.The output from the 22 approved projects is projected at Rs 2.58 lakh crore. The approved proposals include applicatio…