India expects $56-bn funding in electronics sector
The Dollar Business Bureau S K Marwaha, Director, Department of Electronics and Information Technology, said India is expecting $56 billion worth of investments in the electronics sector by 2020, to meet its rising demand. The government has permitted 100 percent FDI (Foreign Direct Investment) in the electronics sector with a subsidy of 25 percent, Marwaha said on Wednesday, while speaking at 'India Connect' business forum held at CommunicAsia2016 Exhibition in Singapore. He pointed out that there is a need to enhance the electronics sector production by around $300 billion in the next four years, given the high demand for hi-tech products, which will also come from the development and restructuring of 98 Smart Cities (under India’s Smart Cities Mission) across India. ...
IT & broadcasting majors eye Asia-Pacific markets through new launches
The Dollar Business Bureau More than 1,000 industry leaders and professionals gathered at CommunicAsia2015 Summit, BroacastAsia2015 International Conference and the Creative Content Production Conference to discuss latest ICT trends, fundamental shifts in broadcasting economics, and digital media challenges. Sony, Samsung, Dell and Panasonic, renowned brands for their consumer electronics announced major product launches aimed at the Asia Pacific markets at a infocomm technology and broadcasting industry event in Singapore. Panasonic, announced seven new business technology products and solutions at CommunicAsia and BroadcastAsia. These include the Toughpad FX-X1, a fully-rugged 5-inch tablet, the new AG-DVX200, the world’s first 4K integrated zoom lens camcorder and the world’s lightest 4K+ 3-Chip DLPTM Laser Projector alongside the latest in mobile surveillance technology, blu-ray data ...
