Industry welcomes the balanced Budget
Aamir H Kaki Industry players have welcomed and appreciated the Union Budget 2018-19 and called it a balancing act aimed at inclusive growth for boosting the country’s economy. Focused on strengthening agriculture, rural economy, infrastructure, MSME and exports, the Budget for fiscal 2018-19 was presented by Finance Minister Arun Jaitley on Thursday. Welcoming the Budget, Federation of Indian Export Organisation (FIEO) said that it’s a balanced Budget for the country aiming at inclusive growth and transforming rural India. FIEO President Ganesh Kumar Gupta said that the target to take agri-exports from $30 billion to $100 billion is very encouraging as agri-exports would be instrumental in doubling farmers’ income. A stable Agri Export Policy based on digitalised current stock position, scientific forecasting of ...
Industry welcomes the balanced Budget
Aamir H Kaki Industry players have welcomed and appreciated the Union Budget 2018-19 and called it a balancing act aimed at inclusive growth for boosting the country’s economy. Focused on strengthening agriculture, rural economy, infrastructure, MSME and exports, the Budget for fiscal 2018-19 was presented by Finance Minister Arun Jaitley on Thursday. Welcoming the Budget, Federation of Indian Export Organisation (FIEO) said that it’s a balanced Budget for the country aiming at inclusive growth and transforming rural India. FIEO President Ganesh Kumar Gupta said that the target to take agri-exports from $30 billion to $100 billion is very encouraging as agri-exports would be instrumental in doubling farmers’ income. A stable Agri Export Policy based on digitalised current stock position, scientific forecasting of ...
Union Budget largely met the expectations of ESDM sector'
The Union Budget has largely met the expectations of the Electronics Systems Design and Manufacturing (ESDM) sector with number of changes in Indirect tax structure to strengthen manufacturing of IT hardware and mobile phones, says ELCINA Sai Nikesh | The Dollar Business Introduction of Special Additional Duty (SAD) on populated PCBs for a variety of equipment is another key step that would boost Electronic Manufacturing Services (EMS) activity and drive up the demand for components Aimed at improving electronics and related manufacturing activity in the country, the Government in its Budget 2016-17 has eased Basic Customs Duty (BCD) on majority of hardware equipment through incentivization of domestic value addition under the Make in India move. These include equipment related to manufacture of ...
Taiwan institute ties up with Indian electronic industry to promote ICT
The Electronic Industries Association of India (ELCINA) entered into an agreement with TaiwansInstitute for Information Industry on Monday The Dollar Business Bureau Electronic Industries Association of India (ELCINA) and Taiwans Institute for Information Industry (III) officials at the signing of MoU to promote the use of Information and Communication Technologiesp> In a move to boost countrys capability in electronics manufacturing, the Electronic Industries Association of India (ELCINA) has entered into an agreement with TaiwansInstitute for Information Industry (III) to promote the use of Information and Communication Technologies (ICT) for mutual benefits. On Monday, an agreement was signed between Vikram Desai, President, ELCINA and Jin-Fu Chang, Chairman, III, in the presence of Amitabh Kant, Secretary, Department of Industrial Policy and Promotion among others. ELCINA and ...
MSME participation key to strengthen local value addition for electronics industry
Sai Nikesh | The Dollar Business In a move to boost electronic products manufacturing in India, Government of India has extended the 'Modified Special Incentive Package Scheme' (MSIPS) by five years, besides including 15 new product categories under the scheme. A decision in this regard was said to have been taken at a Cabinet meeting to promote 'Make In India' and 'Digital India' initiatives, chaired by Prime Minister Narendra Modi, on Tuesday. Extension of the scheme is being seen as a big boost to the electronic manufacturing in the country and was welcomed by the apex body of electronic industries. “All stakeholders, domestic and global from the electronics manufacturing industry have been watching this policy keenly as it has played a ...
