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Engel Group and EPM to strengthen local production
EPM’s manufacturing facility in Pune will serve as a hub for the production of advanced injection moulding machines tailored to the specific needs of the Indian market.Read more
Danfoss India plans to accelerate localisation of HVACR compressors and controls
The decision to invest in ramping up local manufacturing capabilities in India will help minimise the company’s dependency on imports for the Indian market.Read more
India urged to expand local vaccine manufacturing and research: GTRI
The think tank recommended that the Indian government investigate all adverse health events post-vaccination.Read more
Indonesia bans Google Pixel after iPhone block over local sourcing rules
The Google Pixel ban follows the recent prohibition of Apple’s iPhone 16, which was similarly blocked due to Apple’s alleged failure to fulfill local investment commitments.Read more
Toys“R”Us India to launch locally manufactured toys by mid 2025
Local manufacturing will also enable Toys“R”Us India to optimise pricing. Read more
Decathlon invests Rs 9.3 billion to boost local manufacturing in India
Currently, around 8% of Decathlon's global product range—including all cricket bats, accessories, and most hockey equipment—is produced in India. Read more
MCE component localisation levels to rise 70% in 5-7 years; ICRA
The Indian mining and construction equipment (MCE) industry is the third largest in the world in terms of volumes sold, however, it imports nearly 50% of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others.Read more
Niti Aayog member Virmani encourages Chinese investment to push local production
China's FDI in India has been minimal, with only 0.37% of total FDI equity inflows from April 2000 to March 2024. Read more
PLI railway push for local manufacturing of components for Vande Bharat & LHB
The PLI scheme is for a three-year period, with projected incentives of Rs 10-15 billion.Read more
Critical EV components to be localised by 2030
Achieving 100% localisation in India is not feasible due to the scarcity of certain rare earth materials, limited lithium-ion mining, and low levels of electronics manufacturing.Read more