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LOCALISED MANUFACTURING
Asus to scale up production in India to 20-30 pc, start making gaming laptopsin IndiaAsus is set to significantly boost its laptop production in India. The Taiwanese tech giant plans to manufacture 20 to 30 percent of its la...
EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...
Why India is the centerpiece of LG's multi billion-dollar vision for the Global SouthLG India growth strategy and consumer electronics market expansion: LG Electronics is targeting a significant revenue increase in India, Sa...
Get Al-enabled, add value to metal musicIn a twist of fate, Coca-Cola's plans for a bottler IPO arrive amidst a shortage of Diet Coke cans. The ongoing conflicts in the Middle Eas...
Assam CM Himanta Biswa Sarma meets 'Team Europe' delegation to boost trade, investment linkagesAssam Chief Minister Himanta Biswa Sarma met the "Team Europe" EU delegation to boost trade and investment. The two-day visit focuses on se...
Infineon taps CDIL, Kaynes to strengthen India chip collabGerman chipmaker Infineon Technologies is expanding its engagement with India's semiconductor manufacturing ecosystem by partnering with CD...
India's electronics manufacturing boom faces 'scale without depth' hurdle: KPMGIndia's electronic manufacturing services market is set for substantial growth, projected to reach over $150 billion by FY30. This expansio...
Kiran Mazumdar-Shaw's Immuneel Therapeutics raises Rs 100 crore from Singularity AMC, Rainmatter, othersThe Bengaluru-based company makes CAR-T therapy, a form of cancer treatment where a patient’s own immune cells are taken out, trained in a ...
Govt sets up six sector groups to fast-track ‘Make in India 2.0’ pushIn a bold move towards self-sufficiency, India is ramping up its domestic manufacturing initiatives! Six government-led teams are tasked wi...
Hyundai Motors, Tamil Nadu govt join hands to build EV manufacturing, skill hubHyundai Motor India Limited is collaborating with the Tamil Nadu government to transform the region into India’s foremost electric vehicle ...
Hyundai Motor India to roll out its first mass-market EV from Chennai facility this yearThis year, Hyundai Motor India will unveil two innovative vehicle models sourced from its Chennai plant, featuring the company’s first budg...
India renews 5-year levy on solar glass imports from Malaysia: GazetteIndia has extended import duties on Malaysian solar glass for five more years. This decision follows a government review finding that remov...
PCB makers seek 50% price hike as Iran war crushes supply chainsDomestic PCB manufacturers are demanding a 45-50% price increase and duty exemptions for imported components due to escalating production c...
Chinese Wall may stem India tech flows for electronics and automobileNew Chinese regulations on technology transfers may affect India's electronics and automotive component manufacturing plans. Indian compani...
Ola Electric opens QIP, sets floor price at Rs 37.74/shareOla Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ₹37.74 per equity share. This fund...
India issues formal request to France for 114 Rafales in Rs 3.25 lakh crore dealIndia has requested France for 114 Rafale fighter jets. This major deal is valued at approximately 3.25 lakh crore rupees. A significant po...
Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import billThe Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunit...
India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...
PLI 2.0: India bets big on making more of the smartphone at homeIndia is updating its mobile phone production incentive scheme. The new plan targets over 55% domestic value addition. It will also link wi...
PLI 2.0 scheme for mobile phones may ring louderIn a bold move to reshape the electronics industry, India is enhancing its mobile phone production incentives with a focus on achieving ove...