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Taiwan's Gogoro and Belrise to build $2.5 bn battery swapping infra in India
Gogoro and Belrise Industries will set up the world’s largest sustainability-focused portable energy system with the battery-swapping ecosystem in Maharashtra.Read more
Taiwan Expo India 2021 explores growth prospects
The main aim of this expo is to provide the India-Taiwan businesses an opportunity to explore prospects, fuel growth and strengthen trade.Read more
India holds talks with Taiwan to set up $ 7.5-bn chip plant
Chip shortages have delayed the much-anticipated launch of a smartphone by billionaire Mukesh Ambani’s Reliance Industries that has been co-engineered with Google.Read more
Delta Electronics committed to corporate social responsibility
The company recently took the initiative of donating ICU beds and oxygen concentrators (10 litre capacity), strengthening India’s fight against COVID-19.Read more
Optiemus Electronics partners with Wistron for making electronic products
OEL will invest Rs 13.5 billion in the next three to five years to increase its plants capacity. It intends to reach revenues of Rs 380 billion within the next three to five years in multiple product segments.Read more
ADLINK launches EtherCAT modules for industrial automation
New 6-CH EU Series, and ECAT-4XMO and ECAT-TRG4 modules integrate hardware and software to modernise IIoT-based smart factories. ADLINK provides the full spectrum of the EtherCAT solution, including master modules and slave modules, bundled together at a cost-effective price point.Read more
Blue Star wins Rs 1.28 billion order from Taiwan’s electronic firm Wistron
Wistron Infocomm, which has been producing electronic devices at its existing factory at Kolar (Bengaluru), has embarked upon its Phase II expansion as a part of which, it is constructing a large manufacturing block and an IT building.Read more
India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India
While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more
COVID Impact: Machine tools industry may recover in Q3
The spread of COVID-19 has delivered a severe blow to the global economy. Due to the disruption caused by COVID 19 in the first half of the year, the recovery of the machinery industry has been delayedRead more
India to attract Taiwanese smart machinery firms
Taiwan’s smart machinery solutions to reduce human intervention and boost safe manufacturing. With stress on quality, price and service, the industry is known for its significant precision technology and massive ICT integration. Read more