The Indian composites industry, also known as fibre reinforced plastics industry, is set to mark a double-digit growth by 2021, says a Report ‘Indian Composites Industry Outlook: 2018-2023’ launched by the FRP Institute, an apex trade body of the Indian composites industry.
With the advent of e-commerce in India, shopping converged into mobile devices in the form of websites and/or apps. At the click of a button, one could buy groceries, apparel, electronics and almost everything else. For a while, it appeared that ‘couch potato shopping’ was a real threat to physical retail, and that shopping malls will run out of business.
Velankani Electronics (VEPL), an electronics manufacturing enterprise that focuses on the design and manufacture of products that qualify under the Indian Government-led Make in India programme, has collaborated with STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, in the design and development of Velankani’s Prysm smart meters for the India market.
In a Nielsen study conducted across four major Indian cities – New Delhi, Mumbai, Ahmedabad and Hyderabad – 76 per cent of LED bulb brands and 71 per cent of LED downlighter brands across 200 electrical retail outlets were found to be non-compliant with consumer safety standards, as prescribed and mandated for lighting products by the Bureau of Indian Standards and Ministry of Electronics and Information Technology, Government of India.
The 11th North East Business Summit (NEBS) has commenced in New Delhi today. The two-day event is an initiative to facilitate investment, highlight strengths of the North-East Region and business opportunities which North-East has to offer.
The Union Budget’s declaration of ‘100 per cent village electrification by May 2018’ will be beneficial to power distribution segment. Also, the plan to add 20,000 MW solar power will boost solar segment. Besides, the reduction in Income Tax from 30 per cent to 25 per cent for industries having turnover of over 50 crore will be beneficial to MSME companies manufacturing power equipment and accessories.