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LOCALISATION IN MANUFACTURING
Finance Ministry notifies norms allowing e-commerce firms to maintain inventory only for exportsIndia has relaxed FDI rules for e-commerce exports, allowing foreign-funded e-commerce companies to hold inventory if the goods are made in...- Electronics makers turn to cheaper materials and localisation as commodity costs biteElectronics producers are adapting to rising costs by innovating their material choices and enhancing local manufacturing efforts. In place...
- Piyush Goyal invites major global auto manufacturers to make in IndiaCommerce minister Piyush Goyal invited global automobile companies to manufacture in India. He urged them to use India as a base to serve g...
- India targets $1 trillion exports this year, urges auto sector to go global: Piyush GoyalIndia aims for one trillion dollars in exports this year, seeking automotive industry growth. The government encourages companies to increa...
- India’s EV push could slash annual oil and battery import bill by $125 billion by 2050: StudyIndia has the potential to save as much as USD 125 billion every year by 2050 through a swift transition to electric vehicles. The savings ...
- Hitachi Energy emerges as potential ‘buy’ on strong order inflows, earnings visibilityHitachi Energy shares have surged significantly this year on robust revenue growth. The company secured new orders for battery storage and ...
- India’s auto parts makers face a new race: Localise, innovate, leadIndian auto leaders and ministers emphasized deepening localization for global supply chain strength. They stressed owning more value chain...
- India's auto component industry targets $200 bln turnover by FY30 amid rising risks: BCG-ACMAIndia's auto component sector aims for $200 billion turnover by FY30. Achieving this goal requires greater resilience against rising costs ...
- India needs to build advanced tech capabilities, reduce import dependence: Hyundai CEO Tarun GargHyundai Motor India MD and CEO Tarun Garg urged India to develop advanced technology capabilities. He stated the nation must move beyond ma...
- Auto industry must turn disruption into strength, says Maruti Suzuki CEOThe auto sector must become stronger due to disruption in the next decade. Deep localization, people development, collective learning, and ...
- Auto sector must focus on building global leadership with scale: Industry leadersIndian auto leaders urge a shift from resilience to global competitiveness and technology leadership. The sector aims to become a leading a...
- Maruti Suzuki CEO flags global supply risks, calls for deeper localisation across automotive supply chainMaruti Suzuki's MD urged deeper localisation for India's manufacturing growth. Global supply chains are reconfiguring, creating opportuniti...
- Auto industry must focus on design, domestic value addition for e-mobility transition: H D KumaraswamyUnion Minister H D Kumaraswamy urged the automotive industry to prioritize design and domestic value addition. He emphasized that India's e...
- Semicon 2.0, ECMS & MPMS together can build end-to-end electronics value chain: ELCINAThe recently launched MPMS, with an outlay of Rs 62,500 crore, can further create demand and scale for these domestic inputs by promoting m...
- JSW MG Motor appoints Parth Jindal as ChairmanParth Jindal has been appointed Chairman of JSW MG Motor India, effective immediately. The company plans significant investments to expand ...
- Tata Advanced Systems locks on to Javelin missile co-production in IndiaThe memorandum of understanding (MoU) between Tata Advanced Systems Limited and the Javelin Joint Venture, a partnership between Raytheon a...
- Parth Jindal named chairman of JSW MG Motor IndiaJSW MG Motor India has appointed Parth Jindal as its new chairman. Jindal has been a board member since the joint venture's formation. He i...
- Ola Electric gets Rs 95.8 crore PLI incentive, third consecutive yearOla Electric has secured a Rs 95.81 crore incentive under the government’s Production Linked Incentive (PLI) scheme for automobiles and aut...
- Ola Electric gets Rs 95.81 crore PLI incentive for second straight yearOla Electric secured Rs 95.81 crore under the PLI-Auto Scheme for FY 2026-27. This incentive follows a previous sanction of Rs 366.78 crore...
- Korean manufacturer DN Solutions inaugurates first India plant in Bengaluru with Rs 600 crore investmentDN Solutions inaugurated its first Indian manufacturing plant in Bengaluru. This new facility represents a significant investment of Rs 600...
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