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Tata Electronics plans over Rs 500 Cr loan for Hosur Expansion
The inaugural phase (referred to as 1A) of its manufacturing facility commenced operations in December 2022, with a total project cost of Rs 4,225 crore, funded in a 70:30 debt-equity ratio.Read more
Reliance Industries explores entry into Semiconductor Manufacturing
At present, the names of the foreign chip manufacturers involved in these discussions remain undisclosed. The decision to invest in semiconductor manufacturing has not been finalised.Read more
Acer India's vision for PLI 2.0: Strengthening local electronics manufacturing
The PLI 2.0 initiative aspires to elevate India's domestic manufacturing landscape, particularly in the electronics sector.Read more
BEL and Israel's IAI join forces for Indian Defense Advancement
This partnership between BEL and IAI is not a recent development; it stems from a long-standing history of collaboration between the two entities.Read more
Corning chooses Telangana for revolutionary gorilla glass facility
With a rich legacy spanning over 172 years, Corning Inc. is renowned for its expertise in glass science, ceramics science, and optical physics. This venture is expected to create employment opportunities for more than 800 individuals.Read more
HP pursues Indian PC manufacturing growth through PLI 2.0
To bolster PLI 2.0, the government has implemented restrictions on the import of IT hardware, requiring OEMs to apply for licenses before importing.Read more
Foxconn to build new electronics facility in Tamil Nadu, signs deal with govt
A substantial portion of this funding, totalling $350 million, will be channelled into the establishment of an iPhone component manufacturing unit.Read more
Chips are up!
Over the past decade, the Indian electronics hardware industry has witnessed significant growth and transformation with rising manufacturing and export volumes. India's share in the global electronics industry has increased significantly, rising from 1.3 per cent in FY12 to 3.75 per cent in FY22. Read more
What’s the ‘current’ status in Electronics?
India is taking steps towards becoming a leading hub in electronics manufacturing offering a bundle of opportunities to manufacturers and businesses. Ayushi Khandelwal takes a sneak peek into the vast electronics market exploring the current scenario.Read more
Semiconductor slump challenges global manufacturing growth
South Korea and Taiwan will be heavily impacted as such a large proportion of their manufacturing is tied to semiconductors and the electronics industry, says Interact Analysis’ report.Read more