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Indian govt mulls wearable production incentives to boost local manufacturing
The Indian government is considering the implementation of a Production-Linked Incentive (PLI) program aimed at wearable technology, which includes hearing devices, in order to stimulate local production by both domestic and international companies.Read more
TotalEnergies to invest $300 mn in Adani Green Energy JV for 1 GW RE facility
The focus of the JV will be on the development of infrastructure related to renewable energy, particularly in the domains of solar and wind energy.Read more
Dixon Technologies arm to receive Rs 53 cr under PLI scheme for electronics
The Empowered Committee (EC) has approved the first disbursement of Rs 53.28 crore under PLI (Production Linked Incentive) Scheme for Large Scale Electronics Manufacturing to Padget Electronics Pvt Ltd - a 100% subsidiary of Dixon Technologies India Pvt LtdRead more
Lenovo expands manufacturing portfolio in India
Lenovo’s local manufacturing caters to 15-20% demand in India. The company plans to increase it to 30-35%. Total revenue for all Lenovo Group businesses in India was $462 million for Q1FY22, up 31.3% YoY.Read more