S Krishnan, Secretary, Ministry of Electronics and IT, said the government is also working on plans to promote research and development and plans to collaborate with industry. The government’s focus is now on promoting electronics component manufacturing in the country and work is going on on a new scheme for this. A senior government official … Read more
Service PMI Oct 2023: India’s services sector activity fell to a seven-month low in October. This decline has occurred due to softening of production and demand amid competitive conditions and price pressures. This information was given in a monthly survey on Friday. The seasonally adjusted S&P Global India Services PMI business activity index reached 58.4 … Read more
CDIL Semiconductor (CDIL Semiconductor) will add new assembly lines and increase its capacity to 10 crore units. This is under the company’s plan of the Government of India to promote manufacturing of electronic components and semiconductors. CDIL Semiconductors (Continental Devices India) said it will add new semiconductor packaging lines through the SPECS scheme of the … Read more
[ad_1] New Delhi : Activity in India’s manufacturing sector expanded to a three-month high in March amid an expansion in new orders and production and easing of cost pressures with a pick-up in demand, a monthly survey released on Monday said. . According to S&P Global, the Manufacturing Purchasing Managers’ Index (PMI) in India rose … Read more