Electronics

Bosch India has reported a remarkable 42.6% year-on-year surge in consolidated net profit for the first quarter of FY26, clocking in at Rs. 1,115 crore. This robust performance is attributed to strong automotive sector demand, strategic cost optimization, and continued momentum in the internal combustion engine (ICE) and mobility segments. Total revenue from operations also rose to Rs. 4,244 crore, reflecting sustained growth across verticals.

In a significant leadership move, Avaada Electro has appointed Kaushal Shah as its Chief Financial Officer (CFO), signaling the company’s intent to strengthen its financial stewardship amid rapid expansion in the clean energy and electronics manufacturing sectors. With a rich background spanning over two decades in corporate finance, treasury, and capital management, Shah is expected to play a pivotal role in aligning Avaada’s financial strategies with its long-term vision.

Parth Electricals Ltd., a growing player in the electrical contracting and infrastructure segment, successfully closed its initial public offering (IPO), raising Rs. 13.8 crore from the market. The IPO received strong investor interest, being subscribed over 25 times, reflecting heightened demand from both institutional and retail segments. The proceeds are expected to bolster the company’s working capital, fund future expansion, and enhance overall operational capabilities.

In a strategic move to deepen its presence in India's rapidly expanding electronics manufacturing ecosystem, Wipro has announced a Rs. 500 crore investment in a state-of-the-art printed circuit board (PCB) production facility. The initiative aligns with the government's Make in India vision and is expected to boost local supply chains, reduce import dependence, and support the growing semiconductor and electronics sectors.

India’s electronics manufacturing sector is undergoing a quiet transformation, driven by the strategic re-entry of Chinese companies through joint ventures with domestic partners. As regulatory scrutiny remains high, these firms are forging alliances to bypass restrictions and reclaim market share. This evolving model—steered by Indian ownership but backed by Chinese capital and expertise—marks a significant pivot in India’s industrial policy response to geopolitical tensions.

India's Production Linked Incentive (PLI) scheme for electronics manufacturing has received a significant boost, with investments exceeding Rs. 16,000 crore committed by major domestic and global players. The initiative is part of a broader strategy to transform India into a global electronics hub, reduce import dependency, and strengthen local value chains. Backed by robust policy incentives, infrastructure support, and growing demand, the scheme has already drawn prominent names in semiconductor assembly, mobile manufacturing, and component production.

In a nuanced policy stance, India has indicated its willingness to permit Chinese investments in the electronics sector, provided national security protocols and strategic considerations are respected. While past geopolitical tensions had led to heightened scrutiny of Chinese-origin proposals, recent developments suggest a more pragmatic approach aimed at bolstering India’s manufacturing ecosystem. The government is expected to evaluate such investments on a case-by-case basis, particularly when they align with domestic value addition goals and job creation.

Croma, the electronics retail arm of the Tata Group, has expanded its presence in Tamil Nadu with the launch of a new outlet in Chennai. The move aligns with the company's broader strategy to strengthen its offline retail network across South India, tapping into rising consumer demand for electronics and appliances. The new store offers a curated range of tech products, supported by personalized services aimed at enhancing the customer experience.

India’s electronics exports surged 47% year-on-year in the first quarter of FY26, underscoring the country’s growing competitiveness in the global tech manufacturing landscape. The sector clocked outbound shipments worth Rs. 67,800 crore between April and June 2025, compared to Rs. 46,100 crore in the same period last year. This robust growth reflects the combined impact of rising international demand, a shifting global supply chain, and supportive government policies under the production-linked incentive (PLI) scheme.

Eco Recycling Ltd., a pioneer in India’s electronic waste management sector, has announced a significant expansion of its operational capacity. The company has increased its e-waste processing capabilities by 18,000 metric tonnes (MT) annually, marking a pivotal step toward addressing the country’s growing environmental and regulatory challenges around electronic waste.