This comes as the government has set an agenda of turning India into an export hub for electronics manufacturing and an interministerial panel headed by Niti Aayog is creating a roadmap for it.
IDC expects the overall PC market to fall in the third quarter as the demand from government schemes tapers off.
MeitY has proposed fresh incentives to boost electronics manufacturing in India.
Sales of smartphones and white good have grown at a faster clip in the six months from Jan to June.
The hike could be anywhere between Rs 1,000 to Rs 3,000, with maximum for higher capacity models and those with 5-star ratings.
Manufacturers are attributing the fall in demand to overall low consumer sentiments, as sales of other home appliances like washing machine and refrigerators have also witnessed flat growth in July.
BPL will now sell through both Amazon and Flipkart who together control over 80% of online sales of consumer electronics in India.
The companies are saddled with stocks that they had built up expecting strong sales during the ICC World Cup that ended on July 14, the executives said.
The Chinese company - BBK Electronics, the holding company behind Vivo, Oppo, Realme and OnePlus is close on Xiami's heels.
Spanning 1.59 lakh sq. ft, the facility will further expand Flex’s manufacturing operations in India.
Samsung informed that it can start LED TV panel and TV set production at its Chennai plant only if the govt scraps the customs duty on open cell panels.
Estimates by dishwasher makers put the market between Rs 140-200 crore. In contrast, the size of the residential air-conditioner market in India is around Rs 20,000 crore, refrigerator Rs 21,000 crore and washing machine will be about Rs 8,000 crore.
To a question on whether the government is satisfied with the current level of contribution of Indian electronics industry to global market, the minister replied in the negative.
The company is looking at 40-50 acres and is talking to different states, where mobile phone accessories under the Oraimo brand will be made.
The company's localization initiative has resulted in a new generation of electronic components for models being manufactured in India, IFB said.
Import of finished TV sets from countries with which India has FTA leads to net savings of around 5%.
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