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Dixon Technologies signs MoU with Acerpure for consumer appliance manufacturing
Acerpure is involved in the trade, import, and export of consumer durables, home appliances, peripherals, accessories, components, parts, and related services.Read more
Honeywell Automation India Limited appoints Atul Pai as MD
The company offers a broad range of products in environmental and combustion controls, sensing and control, and provides engineering services in automation and control to clients worldwide.Read more
Hyundai Motor and Kia partner with Exide Energy for EV battery localization
Partnership with Exide Energy enables Hyundai Motor and Kia to equip future electric vehicles in the Indian market with locally produced lithium iron phosphate (LFP) batteriesRead more
Danfoss plans Rs 500 Crore Investment in India for localization, expansion
The company, which helps its customers to decarbonise their businesses, has identified 4-5 areas for localisation in order to take advantage of opportunities in the energy transition spaceRead more
Evolving Manufacturing Trends: A Glimpse into 2024
Traditional manufacturing methods are being redefined by the rise of smart factories. By 2024, these establishments will have integrated systems, artificial intelligence (AI), and the Internet of Things (IoT) in place to coordinate smooth, self-sufficient operations, says Frans Van NiekerkRead more
Visteon to invest $ 20 million to localise backlight manufacturing in India
The new facility is part of Visteon’s overall plans for the Indian market, particularly in the cockpit electronics segment. “India is going to be our first market where we’re investing in vertical integration of display manufacturing,” said President, CEO, Sachin LawandeRead more
Xiaomi India considers local tablet manufacturing amid IT hardware import restrictions
This initiative aligns with India's Make in India program, aiming to bolster investment and entrepreneurship in the fifth-largest global economy.Read more
Toys ‘R’ Us accelerates India expansion with local manufacturing plans
Toys ‘R’ Us, the global toy retailer, is set to commence private label manufacturing in India by the middle of next year as part of an aggressive expansion strategy, aiming to position India among its top five markets.Read more
India aims for 40% local value addition in phone manufacturing to boost global competitiveness
S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), outlined this goal during the Global Tech Summit 2023 organised by Carnegie on December 5.Read more
Ministry of Heavy Industries champions localisation for global manufacturing hub
The Union Minister underscored the pivotal role of high-quality and advanced localisation in positioning India as a prominent global supplier.Read more
