Global hardware companies are pushing to extend timelines for setting up local manufacturing in India for laptops, desktops, and tablets. While they aim to capture a fast-growing market, they’re concerned that India’s licensing rules and quota requirements may disrupt or delay investment and operations, forcing companies to rethink rollout schedules.
A top South Korean business delegation met Prime Minister Narendra Modi to explore deeper expansion in India. Samsung and LG indicated fresh investment plans, while SK Hynix is considering setting up a chip facility. Hyundai, meanwhile, is set to develop electric mobility solutions tailored for India’s market, boosting bilateral trade momentum.
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Motorola India has apologized to content creators who were inadvertently caught up in its legal action against malicious product reviews. The company filed a civil defamation suit and sought a temporary injunction over posts alleging device explosions. Motorola insists it never meant to silence legitimate feedback and says it is working to address genuine product concerns while curbing false claims.
Duty relief for SEZ units now allows limited domestic sales, designed to help firms hit by weak global demand while keeping export focus intact. Experts say the policy can provide a financial cushion for capacity utilization and revenue, particularly for sectors like electronics and textiles that are sensitive to demand swings.
Union Electronics and IT Minister Ashwini Vaishnaw said the foundation stone for India’s first advanced 3D chip packaging unit was laid in Odisha’s Info Valley on Akshay Tritiya. The minister called it a major milestone for high-tech manufacturing in the state, crediting support from Prime Minister Narendra Modi and Odisha Chief Minister Mohan Charan Majhi.
Refurbished electronics firm Grest has secured strategic early-stage FDI from Japan’s ICMG, marking a notable cross-border vote of confidence for India’s recommerce market. The move lands as global investors and consumers increasingly look to refurbished devices, with industry forecasts pointing to strong growth for used smartphones.
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India’s electronics exports jumped about 24% in the last fiscal year, with smartphones driving nearly a 22% rise. The gains are linked to the government’s production-linked incentive push, while major markets included the US, UAE, and China. The results underline India’s fast-growing clout as a global manufacturing hub for electronics.
A cabinet sub-committee has approved a pathway for special incentives and concessions aimed at boosting electronics and semiconductor investments. The move clarifies that any incentives can only be offered within existing sectoral investment policy frameworks, while proposals beyond those boundaries will be routed to the cabinet sub-committee for approval. The decision sets tighter process control for new demands.
The Cabinet has cleared a Rs 76,000-crore incentive scheme aimed at strengthening India’s semiconductor ecosystem. Officials say the plan targets one to two fabrication units for displays, alongside 10 units each for designing and manufacturing components. Semiconductors underpin everything from automobiles to smartphones, making the push central to reducing supply risks and boosting local capacity.
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