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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

Slow local demand & sluggish export growth heavily affect Chinese manufacturing

The US’ ‘decoupling’ with the Chinese supply chain is having notable impacts on China’s manufacturing industry, as some related companies are relocating or duplicating supply chains outside of China.Read more

India’s L&T subsidiary opens valve manufacturing unit in Saudi Arabia

This strategic move is impeccably aligned with the objectives outlined in the Saudi Vision 2030 and the In-Kingdom Total Value Add (iktva) initiative, actively fostering the creation of a local value chain and facilitating the development of skill enhancement programs.Read more

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