India is enhancing its electronics manufacturing sector by extending customs duty concessions on machinery and components until March 31, 2029. This policy aims to attract investment in critical components and advanced equipment, moving beyond final product assembly to deepen the domestic electronics ecosystem and boost production and export capabilities.
India has extended customs duty concessions on machinery and components for electronics manufacturing, including lithium-ion batteries and display modules, until March 31, 2029. This move aims to reduce import costs and support domestic manufacturing in sectors like electric mobility.
Founded in 1946 as Tokyo Tsushin Kogyo, Sony pioneered the transistor radio. Its unique strategy involved direct financing and establishing financial services like Sony Life, Sony Bank, and Sony Sure, creating a stable cash flow for R&D. In the 1980s, after the Walkman's success, Sony acquired CBS Records and Columbia Pictures, expanding into content.
Foxconn, a major electronics manufacturer for Apple, Google, and others, confirms a cyberattack by Nitrogen ransomware gang, affecting North American facilities, with over 11 million files allegedly stolen, including confidential customer data.
