Nike, Adidas shoe-maker has a Rs 2,000 crore plan to set up shop in India"We hope this would be the first of many investments to come (in India)," Pou Chen Vice President George Liu said in a meeting streamed onl...
17 Apr, 2023, 11.00 AM IST
Govt gives approval for 34 electronic components manufacturing proposals worth Rs 11,187 cr till MarchUnder the scheme, the approved proposals include those from Tata Electronics, Samsung Display Noida Pvt Ltd, Salcomp Technologies, Sahasra ...
05 Apr, 2023, 07.52 PM IST
Red tape, weak infra and poor yield: Apple's India manufacturing dreams have a problemIndian government in recent years has stepped up efforts to convince international companies of being a credible and robust alternative to ...
15 Feb, 2023, 09.57 AM IST
Apple supplier Salcomp to double workforce in India, targets revenue of $2-$3 bn by 2025"The whole supply chain is now kind of looking at an alternative. And India is poised to be one of the best alternatives," Reuters quoted S...
13 Feb, 2023, 03.01 PM IST
Apple supplier Salcomp to boost Indian workforce to 25,000Salcomp, which currently employs about 12,000 people in Chennai with 85% of them being women, had reached an agreement in 2019 to take over...
13 Feb, 2023, 01.19 PM IST
Enphase looks to tap 10% of rooftop market in next 2 yearsEnphase sees incredible growth potential in India and has partnered with Salcomp to provide an impetus both domestically and export-wise fo...
01 Mar, 2022, 06.00 AM IST
Tamil Nadu inks deals for over Rs 15,100 crore investment, to create 47,000 plus jobsThe investments, to the tune of Rs 15,128 crore will be in diverse sectors including manufacturing of commercial vehicles and energy, the g...
27 May, 2020, 03.05 PM IST
Many units in Nokia Telecom SEZ may reopen by March 2020Last week, Finnish company Salcomp, acquired by Chinese firm Lingyi iTech, sealed a deal to buy the one million sq ft Nokia factory inside ...
26 Nov, 2019, 11.26 AM IST
Apple making iPhone XR in India, expanding operations: Ravi Shankar PrasadIT Minister Ravi Shankar Prasad said that Salcomp, the world's largest manufacturer and a major supplier of chargers to Apple for iPhone, h...
26 Nov, 2019, 08.26 AM IST
Salcomp to revive defunct Nokia handset factory: Ravi Shankar PrasadThe Finnish company which is one of the leading suppliers to Apple, will begin next financial year. It will invest Rs 2,000 crore over the ...
25 Nov, 2019, 04.10 PM IST
Apple supplier Salcomp buys Nokia’s Chennai factory, once a Make in India poster childThe factory is expected to generate employment for close to 10,000 people, besides a $2-bn export boost.
25 Nov, 2019, 01.23 PM IST
Handset companies want India to become an export hub: ExpertsThey said the policy will help promote startups and push end to-end manufacturing in India.
21 Mar, 2019, 07.00 AM IST
In 2 weeks, Apple could start making iPhone 6s Plus hereWistron has set up a new assembly line at its Bengaluru facility and commercial production of the Apple phone is expected to begin in the n...
13 Apr, 2018, 08.11 AM IST
10% duty on smartphones a leg up for Make in India investmentsThe move has been appreciated by Indian as well as foreign handset makers such as Lava, Micromax, Gionee and HMD Global which makes Nokia p...
03 Jul, 2017, 03.20 PM IST
With no budget relief, phone companies seek continuation of sopsThe Fast Track Task Force, set up to accelerate phone and part manufacturing in the country, had led to 35 new plants and 15 factories for ...
11 Feb, 2017, 01.33 AM IST
Finland's Salcomp to buy factory inside Nokia SEZ near ChennaiSince Nokia got embroiled in a tax dispute, Salcomp and Laird had applied with the Delhi High Court for transfer of the sublease that Nokia...
03 Jan, 2017, 11.13 AM IST
Finland-based Salcomp plans to set up factories in India“We’re looking for leased space in Noida DTA for one factory and another one will be set up in Southern India,” MD of Salcomp India said.
21 Mar, 2016, 09.46 AM IST