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    ELECTRONICS MANUFACTURING GROWTH INDIA

    Exports key for mobile brands to maximize Mobile Phone Manufacturing Scheme incentives: Kotak

    New mobile phone manufacturing incentives will prioritize export growth for brands. Domestic market growth alone may not meet scheme targets. Exports are seen as the key lever for maximizing incentive payouts. The scheme aims to boost India's global manufacturing competitiveness. It also supports domestic brands in achieving technological sovereignty.

    Consumer giants' forex earnings shine despite gobal woes

    Leading Indian manufacturers significantly increased exports in the last fiscal year. These companies collectively achieved net foreign exchange positive status. Export earnings grew by twenty-nine percent, reaching over one lakh crore rupees. Companies navigated import cost pressures through increased localization efforts. This strategic approach benefited margins and expanded market reach.

    India eyes 14-fold jump in electronic component production by FY31: Report

    India aims for USD 500 billion in electronics production by FY31. Electronic component production is projected to reach USD 150 billion, a significant increase. Mobile phone manufacturing will also grow substantially, reaching USD 159 billion by FY31. Other categories like consumer electronics and IT hardware will see considerable expansion. This growth signifies India's expanding electronics manufacturing capabilities across diverse products.

    Commerce Minister Piyush Goyal leads 200-member business delegation to Japan, to push trade, investment

    Commerce and Industry Minister Piyush Goyal will lead a 200-member business delegation to Japan from August 24-27 to boost bilateral trade and investment, with a focus on high-tech manufacturing, semiconductors, AI, clean energy and other emerging sectors.

    PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal

    The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said Dixon Technologies is well positioned to benefit, while higher incentives for incremental sales and domestic sourcing could boost volumes and support greater backward integration across the sector.

    Will Paras Defence, MTAR Tech, HAL, other defence stocks deliver explosive returns? Here's what analysts say

    Defence stocks are currently soaring, largely fueled by progressive government reforms aimed at strengthening the sector. Analysts maintain a positive outlook on future growth, bolstered by the Defence Ministry's list that encourages domestic procurement. Although valuations may seem elevated, market corrections present prime opportunities for investors. As India aspires to lead in global defence technology, the horizon looks promising for the industry.

    The Economic Times
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