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WISTRON INVESTMENT IN TELANGANA
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.- Wistron is eyeing Rs 1,000 crore IT hardware plant in TelanganaAfter exiting the Kolar plant, where it had faced worker unrest in 2020, Wistron is again expanding its operations in India. The plans also...
- India’s FDI Rise: A decade of decisive growth and global confidenceIndia's foreign investment landscape has transformed since 2014. FDI equity inflows have surged, especially between 2019 and 2024. Governme...
- Dorminator: Foxconn preps 300-acre base for India's iPhone armyDespite Trump's preference for US-based manufacturing, Apple is moving forward with iPhone production in India. Foxconn is investing $2.56 ...
- iPhones set for takeoff from new Foxconn unitFinal checks for June shipments are underway at Foxconn's Karnataka plant. A senior Apple executive from Cupertino also visited the Tata El...
- For workers at this iPhone plant, Tata means a fresh startAt the Narasapura facility, the recent takeover brings in hopes of better facilities, and a permanent position with Brand Tata.
- EV parts to iPhones, Foxconn making India second homeThe Taiwanese contract manufacturer is on an expansion spree in India and states are rolling out the red carpet
- Narendra Modi's US visit may encourage more American firms to invest in IndiaThe United States is the third largest source of foreign investment for India, with over $60 billion invested between 2000 and 2023, accord...
- Excited to build upon Apple's long history in India, says Tim Cook"At Apple, our mission is to enrich lives and empower people around the world," Cook said in a statement on Sunday. "India has such a beaut...
- IT hardware firms flag PLI’s investment clause; is TikTok staring at a potential ban in the US?IT hardware manufacturers have urged the government to drop the fresh investment clause proposed in the revised production-linked incentive...
- Apple supplier Foxconn wins AirPod order, plans $200 million factory in India: SourceThe deal will see Foxconn, the world's largest contract electronics maker and assembler of around 70% of all iPhones, become an AirPod supp...
- Foxconn commits to new electronics manufacturing in India's TelanganaFoxconn’s investment is the largest in India’s electronics sector and will create 100,000 jobs, Rao’s office said. The state government and...
- Foxconn says no 'definitive agreements' for new India investmentFoxconn said in a statement on Saturday that no deals had been finalised during chairman and CEO Young Liu's visit to India from February 2...
- Apple partner Foxconn Tech plans $700 million India plant in shift from ChinaThe Taiwanese company, also known for its flagship unit Hon Hai Precision Industry Co., plans to build the plant to make iPhone parts on a ...
- Govt mulling to broaden PLI scheme to attract gaming device makers: Meity officialOver the last few years, the government has come out with a number of policies towards subsidising and incentivising the manufacture of cri...
- Govt extends PLI scheme for handsets by a year; huge relief for industryWith this announcement on Monday, mobile phone makers will now be able to treat FY22 as the first year of production instead of FY21 for th...
- PLI timeline for mobile phone manufacturing may begin in FY22A change in the timeline will mean manufacturers need to post incremental production worth Rs 4,000 crore in this fiscal year, instead of R...
- Six states woo mobile phone manufacturers with incentives and attractive subsidiesUttar Pradesh has already written to both Pegatron and Apple, highlighting its offer of 20% added incentive on capital invested and 25% sub...
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