Govt clears 31 electronics part projects worth Rs 7,877cr

Government approves 31 more ECMS applications, attracting proposed additional investments of Rs 7,877 crore NEW DELHI: Govt has approved another 31 applications, involving proposed additional investments of Rs 7,877 crore under the Electronics Components Manufacturing Scheme, or ECMS. The projects will manufacture products, including printed circuit boards, camera modules, optical transceivers, electronic enclosures and materials…

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Tata Power’s digital command centre for real-time monitoring of renewable energy assets

Tata Power Renewables launches CREAMS, a 24×7 digital command centre to monitor and optimise its solar and wind assets nationwide. MUMBAI: Tata Power Renewables has launched its state-of-the-art Centre for Renewable Energy Analytics, Monitoring & Scheduling (CREAMS) at the company’s Trombay plant on August 20, highlighting a facility that is among the most advanced centralised…

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India’s telecom equipment sector has $50 billion export potential, Niti Aayog highlights key hurdles

India’s telecom and network equipment sector could soon emerge as a major contributor to the country’s GDP, but it still has some connecting to do.The telecom and network equipment sector could play a bigger role in India’s economy, helping double its GDP contribution and achieve $1 trillion in exports by 2030 under the National Telecom…

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Amber to make smartphones for Oppo

The electronics manufacturer will start producing devices for Oppo, OnePlus and Realme next year. NEW DELHI: Amber Enterprises is making a big push into smartphone manufacturing. The electronics manufacturer will start producing devices for Oppo, OnePlus and Realme next year, targeting around 8 million units in its first year of operations.Trial production is expected to…

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Oil prices hold steady as Hormuz nears zero traffic while Iran-US talks on Strait opening stalls

Oil prices hold steady as Hormuz sees less activity while Iran-US talks on Strait opening stalls Oil prices remained largely unchanged in early trade on Monday as a sharp drop in vessel movements through the Strait of Hormuz heightened concerns over supplies, while efforts to end the US-Iran conflict showed no sign of progress.Brent crude…

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