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Amara Raja to phase lithium-ion cell rollout with focus on standard battery cellsAmara Raja Energy & Mobility is entering lithium-ion cell manufacturing with a measured approach. The company will initially produce standa...
India approves Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to boost exports and jobsThe union cabinet approved a new mobile phone manufacturing scheme. This initiative has an outlay of sixty-two thousand five hundred crore ...
Ather Energy raises Rs 1,200 crore from IJF, Hero Motocorp, foundersAther Energy secured Rs 1,200 crore through a preferential issue. Hero MotoCorp and the India-Japan Fund are key investors in this round. T...
Cabinet highlights: India clears Rs 2.19 lakh crore mega push across chips, corridors and mobile manufacturingThe Cabinet approved Semicon 2.0 with a Rs 1,27,500 crore outlay for chip manufacturing. A Rs 62,500 crore scheme will boost mobile phone m...
Cabinet approves India Semiconductor Mission 2.0; earmarks Rs 1.27 lakh crore for the projectThe Union Cabinet approved India Semiconductor Mission 2.0 with significant funding. A Rs 62,500 crore Mobile Phone Manufacturing Scheme wa...
Russia to bring flagship INNOPROM industrial fair to India in SeptemberRussia's INNOPROM industrial trade fair will debut in India from September 9 to 11. This event aims to boost industrial cooperation and bil...
Zelio E-Mobility inaugurates Coimbatore plant, takes annual capacity to 2.4 lakh unitsZelio E-Mobility has opened a new manufacturing plant in Coimbatore, Tamil Nadu. This facility boasts an annual production capacity of sixt...
India sweetens the deal for global electronics manufacturersIndia is enhancing its electronics manufacturing capabilities by extending customs duty relief. This policy aims to boost domestic producti...
Indian Army plans to induct 450 Carl Gustaf M4 rocket launchers. Here's what they can doThe Indian Army will induct 450 Carl Gustaf M4 rocket launchers soon. This lighter weapon enhances infantry firepower and operational effec...
Exide's Bengaluru lithium-ion cell plant to generate revenue from Q3: CEOExide Industries expects its Bengaluru lithium-ion cell plant to generate revenue from the third quarter. The company has invested signific...
India's EV components opportunity to hit Rs 3.55 lakh crore by 2032 amid localisation pushIndia's electric vehicle components market is projected to grow significantly. This market is expected to reach approximately Rs 3.55 lakh ...
Vivo-Dixon deal approval reveals India's new China playbookThe landscape of Chinese investments in India is transforming as the nation moves past earlier restrictions. The establishment of the Vivo-...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsOver the next few trading sessions, the direction of indices like the Nifty and Sensex will be determined by news on ceasefire violations a...
Dixon Tech shares jump 4% on govt nod to form JV with Vivo. What are experts saying?Dixon Technologies' shares rose significantly after Vivo Mobile India secured government approval for a joint venture. This partnership wil...
Vivo receives govt's nod to form JV with Dixon Technologies to manufacture smartphonesVivo India and Dixon Technologies have formed a joint venture for smartphone manufacturing. Dixon Technologies will hold a 51% stake in the...
Government waives basic customs duty on key inputs for electronics manufacturingThe government has waived customs duty on key electronic components. This move aims to boost domestic manufacturing of smartphones and lapt...
Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on ele...
Govt extends duty relief for electronics, lithium-ion battery manufacturing till 2029Customs duty concessions on electronics manufacturing parts are extended until March 2029. This move supports investments in battery cell m...
Don't just assemble, innovate: The missing hero in India's smartphone success storyIndia is the world's second-largest mobile phone maker, benefiting from policy support and global supply chain shifts. Domestic firms curre...
Karnataka seeks stronger investment ties with Hong Kong in ESDM, startups: MB PatilKarnataka is actively seeking to boost economic ties with Hong Kong, focusing on key sectors like semiconductors, fintech, and advanced man...