Search Result for : Esdm

Sharath Chowdary Information technology (IT) and Information technology enabled services (ITES) exports from Telangana have recorded a healthy growth of 13.26% at Rs.75,070 crore in FY 2016 when compared to Rs.66,276 crore in FY 2015. This is better than the overall India’s IT/ITeS exports growth rate at 12.33% in FY 2016. Telangana is moving decisively towards achieving the set target of doubling the IT/ITeS exports by 2019, the state IT Secretary, Jayesh Ranjan told the Dollar Business Bureau. "Telangana has created employment opportunities to 35,611 people in the IT sector in the previous fiscal with the total number of IT professionals in the state increasing to 4,07,385 in FY 2016 against 3,71,774 in FY 2015," he said.  After launching the ICT (information ...

 The Dollar Business Bureau Aimed at bringing in more investment and establish foreign collaboration in fields of Electronics and Information Technology, government is focusing on global IT trade fare -CeBIT 201, being held in Hannover, Germany. CeBIT, being held from March 14-18, 2016, will have Aruna Sharma, Secretary, Department of Electronics and Information Technology (DeitY) as a representative from the Indian side, where she is expected to present a case to woo investors towards Indian Electronic and IT sectors. “Aruna Sharma is leading a government -industry delegation to participate in CeBIT 2016," DeitY reportedly said. The delegation includes key officials from Central & State governments and also key executives from the Information & Communications Technology (ICT) companies. This step is part ...

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 ...

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 ...

 The Dollar Business Bureau The government is likely to put in place a policy to set up a large number of call centres in smaller towns across the country. A new BPO (Business Process Outsourcing) policy has been finalised and around 48,000 seats have already been identified, according to IT and Telecommunication Minister Ravi Shankar Prasad. “I have finalised a policy for call centres in smaller towns. I have approved 48,000 seats and the expression of interest will be invited soon for the purpose,” Prasad said at the foundation laying ceremony of the National Institute of Electronics and Information Technology (NIELIT) headquarters in New Delhi. New seats for call centres will be distributed among states on the basis of ...

Sai Nikesh D | The Dollar Business India’s electronic imports are expected to surpass crude oil imports by 2020   Catherine Novelli, the United States Under Secretary, has said this week that several companies in USA are keen to join India in promoting electronic manufacturing in the country. However, she felt that the constraints of global supply chain must be considered while implementing the “Make in India” programme. Responding to Novelli’s statement, Ravi Shankar Prasad, India’s Minister of Information Technology, promised US companies of unbiased treatment with Indian companies and assured that US companies manufacturing in India can also avail export incentives offered by the Indian government to domestic companies. Manufacturing in the electronics sector in India is a priority for ...