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MOBILE MANUFACTURING
Car sales hit record 5.19 lakh in October, two-wheeler demand rises 16%Car sales rose significantly in October, reaching a record-high driven by strong demand ahead of festivals. The total number of hatchbacks,...- JSW Motors partners with Amazon Web Services to host connected-car dataJSW Motors has announced a partnership with Amazon Web Services to host its connected-car platform in India. The data generated will remain...
- How a Ludhiana bicycle parts maker became India's lord of the ringsSunil Bharti Mittal began his entrepreneurial journey in 1976, starting a bicycle-parts business in Ludhiana. After facing various challeng...
- India's PLI schemes meet 76% investment target but create just 28% of promised jobsDespite significant investments under the production-linked incentive scheme, India is falling short of its job creation ambitions. With 76...
- PLI schemes achieve 76% of investment target, 64% of production goal: Niti AayogThe production-linked incentive (PLI) scheme has achieved 76% of its investment target and 64% of its production target, with electronics, ...
- Ola Electric says demand outstrips supply, targets 25,000 vehicles in DecemberOla Electric Mobility is experiencing high demand for its electric two-wheelers, causing supply constraints. The company plans to ramp up p...
- Ola Electric Q2 Results: Loss narrows YoY to Rs 362 crore, revenue falls 39%Ola Electric Q2 Results: The electric two-wheeler maker's revenue from operations fell 39% year-on-year (YoY) to Rs 421 crore from Rs 690 c...
- Use FTAs to build joint ventures, explore investment opportunities: CII President to industryR Mukundan, the CII President, stressed the crucial role of Free Trade Agreements (FTAs) in fostering joint ventures and enhancing investme...
- South Korean auto parts makers plan Rs 1,370 crore investment in Tamil NaduSouth Korean automotive component manufacturers Hwashin Automotive India and Seoyon E-Hwa Summit Automotive India have proposed investments...
- JSW Steel crude steel production rises 19 pc to 25.73 lakh tonnes in OctJSW Steel reported a 19% increase in crude steel production, reaching 25.73 lakh tonnes in October. The Indian operations contributed the m...
- HEG Advanced Materials shares gain 5% after subsidiary secures Rs 610 crore incentive under ECMSHEG Advanced Materials shares rise 5% after subsidiary TACC receives ₹609.50 crore incentive approval under the ECMS scheme for its Dewas s...
- India well on track to achieve $1 trillion exports target for FY27: Piyush GoyalCommerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already r...
- European tech is coming to Bengaluru's suburban tracks: Rs 1,017 crore ETCS upgrade planned across two corridorsBengaluru's suburban rail project will adopt the European Train Control System (ETCS) Level-2 for corridors 2 and 4, with the signalling in...
- OP Mobility plans five new plants in India over next five years, commits ₹3,180 crore investmentFrench auto parts maker OP Mobility aims to open one manufacturing plant in India annually for five years. The company currently operates s...
- Want only serious players, no place for frivolous applicants in Semicon 2.0: Vaishnaw to industryOn Friday, the government launched the web application portal for Semicon 2.0, which will initially receive applications related to three o...
- Ashwini Vaishnaw launches Semicon 2.0 portal, says 50% of units approved under ECMS are SMES, MSMEsUnion Electronics and Information Technology Minister Ashwini Vaishnaw has launched the Semicon 2.0 Web Application Portal. The initiative ...
- Centre planning to use component scheme to feed chip ecosystemInvestment approvals under ECMS may therefore focus on items like precision-manufacturing equipment such as micro-tools, computer numerical...
- LG Electronics India Q2 Results: Net profit jumps 27% YoY to Rs 489 crore; stock climbs 5%LG Electronics India reported a net profit of Rs 489 crore for the second quarter of FY27, which is an increase. The profit jumped 27% year...
- 'Copying China's manufacturing model may not pay off': Ashwini Vaishnaw hits back with ‘Cope harder’ remark, cites Rs 3 lakh crore PLI returnsUnion Minister Ashwini Vaishnaw has hit back at criticism of India's mobile phone manufacturing strategy with a blunt “Cope harder” remark....
- Ashwini Vaishnaw says mobile PLI scheme generated Rs 25,000 crore in direct taxes, employs 12 lakh peopleIndia's mobile phone production-linked incentive (PLI) scheme has generated Rs 25,000 crore in direct tax collections against Rs 19,000 cro...
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