Reliance to offer up to 25% discount on electronics

Reliance Retail, which runs chains such as Reliance Digital and Jio Store, said it will offer 15% cashback on its full range of electronic goods as a part of its Diwali sale. Electronic accessories, such as headphones, will also get an additional discount of 10%, taking the total benefit to 25%. The offers are available […]

Dixon Technologies buys out partner in Padget Electronics

Electronics manufacturer Dixon Technologies said that it has acquired 50% shares in its joint venture company, Padget Electronics Private Ltd. Dixon had previously held a 50% stake in Padget. With this, Padget Electronics has now become a wholly-owned subsidiary of Dixon Technologies, the OEM said. Padget had a turnover of Rs 1,351 crores in the […]

Recycler Gravita India gets Rs 250 cr order from Luminous Power Technologies

Gravita India Limited, one of India’s biggest recycling companies, said it won a Rs 250 cr order from inverter manufacturer Luminous Power Technologies, a unit of Europe-based Schneider Electric. The order will be executed during 2018, the company said. “It will help the company to strengthen its top line and bottom line in coming FY […]

GST to boost Indian electronics manufacturing – Assocham-NEC study

The goods and services tax will give a big boost to domestic electronic manufacturering as costs will be significantly brought down, said a study by ASSOCHAM-NEC. “The local manufacturers will be able to pass on the tax benefit to consumers in the form of price reduction,” said the report titled, ‘Electricals & Electronics Manufacturing in […]

Zebronics launches Chromecast-like device at Rs 1699 to cast phone screen to TV

Zebronics, a Chennai based electronics manufacturer, launched ZEB Cast 100 — similar to Google’s Chromecast device which helps in casting the screen of your phone or device onto a TV or monitor. The device has been priced at just Rs 1,699, compared with Rs 3,399 for Google Chromecast. “ZEB CAST 100 is compact easily fits […]

India emerging as alternative to China in electronics manufacturing- study

India’s attractiveness for manufacturers is growing due to availability of low-cost labor, said an ASSOCHAM-EY joint study. ¨Rising manufacturing costs in China and Taiwan are compelling manufacturers to shift their manufacturing base to alternate markets. In 2014, the average manufacturing labor cost per hour in India was US$0.92 as compared to US$3.52 of China,¨ said […]

Samsung’s latest fitness band, ‘smart’ headphone up for preorder on Flipkart @ Rs.13490

Samsung’s fitness devices — Gear Fit2 fitness band and Gear IconX smart headphone — are now available for pre-order on Flipkart. The devices were unveiled in India earlier this month and are priced in the Rs 13,490-13,990 range. The Gear Fit2 band is priced at Rs 13,990 and comes in black, blue and pink colours […]