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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

Indian Airlines embrace local sourcing for non-critical aircraft parts

According to executives from Air India and IndiGo, the aviation sector in India is adopting a trend prevalent in the US, aiming to gain cost and time benefits for carriers.Read more

Indian govt considers exempting key EV components from localisation norms

However, this new consideration is met with opposition from local players such as Mahindra & Mahindra and Tata Motors, as well as foreign companies with decades-long operations in India.Read more

Tata Group explores Land for Semiconductor ATMP Unit

Instead of immediately setting up a full-fledged fabrication plant, the Tata Group plans to concentrate on the ATMP unit for the near term.Read more

India reverses laptop import restrictions amid backlash

The country's trade secretary, Sunil Barthwal, announced the change, stating that the government aims to closely monitor laptop importers.Read more

Yokohama accelerates local tire production in India

Yokohama Rubber, operating in India through a wholly-owned subsidiary, is constructing a new facility in Visakhapatnam, supplementing its existing plant in Bahadurgarh, Haryana.Read more

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