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Cabinet sub-committee approves Rs 1.17 trillion for semiconductor & EV projects
The project, divided into two phases, will see an investment of Rs 849.47 billion, with Rs 587.63 billion allocated for the first phase and Rs 251.84 billion for the second.Read more
India's start-up ecosystem is relatively low; says Dr Chintan Vaishnav
With approximately 140,000 start-ups registered under the Atal Innovation Mission, India has one start-up for every 10,000 people. In contrast, Israel and Germany boast one start-up per 1,000 to 2,000 people.Read more
ZETWERK gets ARAI certification for Made in India 60kW & 120kW DC fast chargers
ZETWERK is currently engaged in R&D to expand its product offerings and is currently working on next-generation Super DC Chargers with capacities of 240kW and 360kW.Read more
Air India to construct mega MRO facility in Bengaluru
Air India has also signed an agreement with SIA Engineering Company (SIAEC) to be its strategic partner for the development of this MRO facility.Read more
Government unlikely to ease restrictions on Chinese telecom vendors
Officials confirmed that while companies like ZTE can manufacture products in India, they must adhere to the government's "trusted sources" policy, which prohibits the deployment of non-trusted equipment in Indian networks.Read more
China warns Japan of retaliation over new chip restrictions
Toyota Motor Corporation has reportedly conveyed to Japanese officials that such a move from China could severely impact Japan's automotive industry, given the dependency on these minerals.Read more
Chinese imports of umbrellas and musical instruments are hurting MSMEs; GTRI
The report details that China supplies 95.8% of India’s umbrellas and sun umbrellas, 91.9% of artificial flowers and human hair products, 59.7% of glassware, 54.3% of leather goods, and 52.5% of toys. Read more
India’s multimodal transport event Prawaas 4.0 wraps with impactful engagement
This edition of Prawaas promoted an Inclusive Mobility Culture attracting over 6153 operators, 171 exhibitors, 106 speakers, 15 sessions and over 40,000 Expo footfall from 28 states and 8 Union Territories to the 3-day event.Read more
India to introduce repairability index for electronics to combat e-waste
The Consumer Affairs Ministry is spearheading the creation of this index, which will evaluate products based on several key criteria.Read more
Intel may split chip design and manufacturing businesses due to loss
The company reported a net loss of $1.61 billion in the second quarter of 2024, leading to a 26% drop in its stock price—the worst single-day performance in over 50 years.Read more