In the last few years, the demand for semiconductors in the country has increased rapidly. In the last financial year, import of semiconductors increased by about 18.5 percent to about Rs 1.71 lakh crore. Semiconductors are used in many industries like automobiles and smartphones. The central government has taken measures to increase the manufacturing of…
The number of Electric Vehicles (EV) is increasing rapidly in the country. The capital Delhi has the leading position in this segment. About 11.5 percent of the total vehicle registrations in Delhi are EVs. Charging infrastructure for electric vehicles is also being expanded rapidly in the capital. According to a report by Yes Bank and…
Some measures have been taken by the Central Government to promote Electric Vehicles (EV). In this series, the Heavy Industries Ministry had introduced the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II Scheme. Although this scheme has ended, three electric two-wheeler companies are being investigated on suspicion of fraudulently taking incentives. These companies include…
Electronics manufacturing has increased in India in the last few years. The central government has planned to give incentives worth five billion dollars (about Rs 42,221 crore) to companies in this sector for local manufacturing of components from laptops to smartphones. This will reduce the supply from China. In the last six years, electronics manufacturing…
Import of laptops, tablets and personal computers in the country may be limited early next year. This will encourage device makers like Apple to increase local manufacturing. If this plan is implemented, there can be a big change in this 8-10 billion dollar industry. Reuters has quoted sources in a report saying that the central…
The central government is planning to give financial incentives to companies producing laptops and tablets in the country. These companies include Apple and Dell. This will also enable these companies to compete with China as a production base. To reduce imports, the government wants to increase the production of laptops and tablets as well as…
Electric vehicle sales have increased in the last few years. Sales of electric two-wheelers are growing rapidly. The share of this segment in total two-wheeler sales is estimated to reach around 13 percent by 2026-27. In the last financial year, this figure was around five percent. A media Report Quoting a report by investment banking…
