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Amazon to export $5 billion in small-ticket items from India in 2024
Companies such as Walmart are also scaling up their imports from India while decreasing their Chinese procurement.Read more
India’s window to curb its carbon emissions looks increasingly hard to achieve
Over $12 trillion in investment and spending is required for BNEF’s Net Zero Scenario, 34% more than the baseline Economic Transition Scenario. 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
93% of big companies see AI equal to success, yet struggle with talent shortages
Diversity within AI teams also emerged as a concern, with 80% of respondents emphasising its importance. Read more
Andhra Pradesh offers Foxconn with proposal for 'manufacturing city' and subsidies
The IT minister also promised to develop a new electronics policy to further incentivise the sector.Read more
India is redefining its defence manufacturing identity
This trend underscores India’s strengthening role in the global manufacturing landscape, with the defence sector playing a pivotal role.Read more
Reliance Industries to launch its first solar giga-factory in FY25
The factory will be a comprehensive facility producing photovoltaic (PV) modules, cells, wafers, ingots, polysilicon, and glass all at one site.Read more
TCIL, ITI, HFCL, STL, Pratap Technocrats bidders for BharatNet III
Polycab, STL, and HFCL have submitted solo bids, while 18 other bidders, including G R Infraprojects, Vindhya Telelinks, Pace Digitek Infra Private Limited, Rail Vikas Nigam Limited (RVNL), Bharat Electronics Limited, Megha Engineering, and others, have formed consortia.Read more
Zetwerk and SMILE to unveil new IT hardware factories in India
Zetwerk has committed Rs 10 billion to enhance electronics system design and manufacturing (ESDM) capabilities in India.Read more
India's manufacturing jobs rose by 200% from 2022-2024
The services sector including IT and non-IT industries, still remains the largest job creator in India. Read more