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China’s Cosmx ties up with Munoth Industries in JV to source lithium-ion cells in IndiaChinese battery leader Cosmx is embarking on an exciting collaboration with Munoth Industries based in India. This venture will enable Cosm...- Volvo Cars to recall 40,000 electric SUVs worldwide over battery fire riskMore than 40,000 Volvo EX30 electric SUVs are being recalled worldwide because certain battery packs may overheat and, in rare cases, catch...
- Tech-for-stake: 10% cap likely for Chinese firms in electronics JVsIndia is likely to cap Chinese equity investment in electronics joint ventures at 10%, contingent on technology transfer, prioritizing loca...
- India is now shipping Apple components to China & Vietnam. Thanks to 'Make in India'India has begun exporting electronic components to China and Vietnam for Apple product manufacturing, marking a significant shift in its ro...
- Apple in talks to Forge a new Bharat bond: iPhone giant looks to get Kalyani Group co on board for making its componentsApple is in talks with Bharat Forge to make it a supplier, potentially manufacturing components like mechanics. This follows partnerships w...
- Apple supplier Jabil eyes two more India units with $275 million investmentApple supplier Jabil is looking to expand operations in India and invest an additional $250-$275 million (Rs 2,102-Rs 2,312 crore) in the c...
- Apple plants may yield 600,000 jobs in India by MarchApple's Indian workforce will comprise 200,000 direct jobs being created by March-end with women making up a dominant 70%, according to est...
- Chain reaction: Apple jobs in India set for 3x jump in 3 yearsCupertino-based Apple is looking to increasingly distance itself from China. It also aims to increase local value addition from its Indian ...
- Apple's Indian ecosystem emerges as top job creator, employing over 1,50,000 directly since PLI scheme launchThe apple ecosystem in India, buoyed by the production-linked incentive (PLI) scheme for smartphones, has become a significant job creator,...
- Japan's TDK Corp to manufacture iPhone battery cells in IndiaJapanese electronic parts manufacturer TDK Corp will produce lithium-ion battery cells for Apple iPhones in India, according to a governmen...
- Japan's TDK Corp to manufacture iPhone battery cells in India: IT MoS Rajeev ChandrasekharTDK will set up a manufacturing facility in the northern state of Haryana, creating around 1,000 new jobs, minister of state for informatio...
- China's Sunwoda plans $274.7-million Hungarian battery plantThe money will be used for purposes including land purchase, project construction and equipment procurement, Sunwoda said in a filing to th...
- Apple may drive jobs as India put on speed dial for manufacturingAbout 1,20,000 new positions may open in FY24, mostly in manufacturing; nos may rise to at least 3,00,000 by FY26.
- PLI boost: Apple creates 1.5 lakh direct and indirect jobs in IndiaAccording to experts, Apple locally produces 85% of the phones it sells in India. Before the introduction of the PLI scheme, it was importi...
- Apple suppliers created 50,000 direct jobs in IndiaExperts believe that Apple, through its contract manufacturers, may have become the largest provider of blue-collar jobs in India's fast-gr...
- Apple suppliers created 50k direct jobs in India in 16 months; Swiggy's losses doubled in FY22Apart from the direct jobs, nearly 100,000 indirect jobs may also have been created by the Apple manufacturing ecosystem in the country, th...
- Uttar Pradesh government ‘puts off’ process of giving special incentives to 4 Chinese companiesFour Chinese companies — mobile phone maker Vivo, appliances maker Haier, component maker Holitech and battery maker Sunwoda — have all ann...
- Apple making iPhone XR in India, expanding operations: Ravi Shankar PrasadIT Minister Ravi Shankar Prasad said that Salcomp, the world's largest manufacturer and a major supplier of chargers to Apple for iPhone, h...
- The ‘i’ in iPhone may soon stand for IndiaIndia may become one of Apple’s key global production hubs as part of China derisking plan.
- Apple flexes India muscle with locally sourced battery packsApple is sourcing battery packs from US contract manufacturer Flex’s India plant for locally-made iPhones.
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