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India's electronics policy framework needs to offer stability to strengthen position in global market
Secretary, Department of Commerce, Rajesh Agrawal, has noted that the global electronics industry is increasingly driven by global value chains, and India's policy framework must provide the predictability and stability required for these value chains to expand their presence in the country. He observed that policy approaches for production aimed at the domestic market may differ from those needed to promote export-oriented manufacturing. He added that the Chintan Shivir had been convened to facilitate constructive dialogue and develop tangible, balanced and actionable policy recommendations that are equitable for all stakeholders while strengthening India's position as a globally competitive electronics manufacturing and export hub.
Tata's Assam semiconductor plant to receive Rs 14,044 crore in government incentives
The Tata Group's new Assam semiconductor facility will receive significant government incentives. The Centre will provide Rs 10,255 crore, and Assam will add Rs 3,789 crore. This major electronics manufacturing investment is expected to create over 27,000 jobs. The Outsourced Semiconductor Assembly and Test plant will produce millions of chips daily. This project aims to boost India's semiconductor ecosystem and Assam's industrial development.
HAL offers the best risk-reward among defence stocks despite expensive valuations, says Equirus
Harshit Patel, Director of Equirus Securities expects Bharat Dynamics to be a key beneficiary of the Defence Acquisition Council's ₹52,000-crore approvals, while BEL, Data Patterns, Apollo Micro Systems and Astra Microwave are well placed to benefit from rising demand for defence electronics and anti-drone systems.
Dev IT gains on bagging Rs 73 lakh order from HARTRON
Dev Information Technology (Dev IT) rallied 5.93% to 29.10 after it has secured an order worth Rs 73 lakh from Haryana State Electronics Development Corporation (HARTRON), a state government undertaking.
Raymond shares rise 4% after former BEL chief joins defence business
Raymond shares rose nearly 4% after the company appointed former Bharat Electronics Chairman and Managing Director Bhanu Prakash Srivastava as CEO of its defence business. The company expects his nearly four decades of experience in defence technologies and programme execution to strengthen its expansion into defence electronics, systems integration, aerospace and related engineering businesses.
Stock Alert: Mphasis, RailTel Corp, Ramco Systems, Texmaco Rail, Aster DM Healthcare
RailTel Corporation has secured a Rs 16.20 crore contract from the Haryana State Electronics Development Corporation for the management of the Haryana State Wide Area Network (HSWAN).
Stocks to Watch today: Adani Enterprises, Tata Motors PV, BPCL, Coal India
Stock to Watch today, July 3: Hindustan Zinc, Bajaj Housing Finance, LG Electronics India, PB Fintech, and Titagarh Rail Systems are among the top stocks to remain in focus today
GNG Electronics hits the roof after forming pan-India distribution pact with Redington
GNG Electronics was locked in 5% upper circuit at Rs 656.15 after the company entered into a strategic pan-India distribution partnership with Redington.
Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak
Sensitive data, including component lists and photos of upcoming iPhone 18 Pro models, has been leaked onto the dark web by a ransomware group targeting Tata Electronics, Apple's Indian supplier. This breach exposes crucial details about Apple's supply chain, potentially impacting its business relationships and revealing manufacturing secrets to rivals. The leak occurs as India's role in iPhone production significantly expands.
Multibagger defence stock Apollo Micro Systems jumps 7% despite stock market sell-off
Apollo Micro Systems shares rose over 7% on June 29, following news of a potential ₹30,000-crore order for Bharat Electronics Ltd under the QRSAM program, expected to be approved soon. The company also plans a Board meeting on July 6 for potential fundraising.
Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giants
Christopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, betting on the AI-driven capex cycle. He views memory stocks as core beneficiaries, citing strong demand, attractive valuations and structural shifts, while warning that malinvestment risks could eventually disrupt the AI trade.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG Electronics, TD Power Systems, and Inox India.