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Consumer durable industry returns to steady growth path in 2019; economic slowdown a threat for 2020
•The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 percent, largely helped by long and harsh summer, which lifted sales of compressor-based cooling products such as AC and refrigerators.
Union minister Ravi Shankar Prasad to meet electronics industry CEOs to discuss sector issues, export ambitions
•The government will meet CEOs and top brass of electronics and smartphone makers, including Apple and Samsung, on 16 September to discuss challenges being faced by them and incentives and schemes that can be offered to position India as the 'electronics factory' of the world
Budget 2018: Assocham seeks lower taxes, venture capital pool for electronics sector
Ians •Industry body Assocham on Wednesday recommended a weighted tax deduction of 150-200 percent on actual cost of specified components for the consumer electronics sector in the upcoming Union Budget
Budget 2017: Government increases incentives for electronics sector including 'record allocation'
Fp Archives •The Government today announced various measures for the electronics sector as part of Budget 2017-18 which includes "record allocation" of Rs 745 crore towards incentive schemes like M-SIPS and EDF and duty exemption on POS machines.