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India inc targets global electronics supply chain

Around 24 major industrial players, including TII Murugappa Group, Pidilite, GMR Group, RP Sanjiv Goenka Group, and Bajaj Hindustan, have expressed interest in joining this ecosystem, according to the India Cellular and Electronics Association (ICEA).Read more

Tata to acquire 60% stake in Pegatron India operations

Tata’s partnership with Pegatron comes amid Apple's push to diversify its production base outside China, with India poised to contribute 24% of global iPhone production this year—double the previous year’s share. 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

India's electronics manufacturing to quadruple by 2030; Says Nomura

Exports are projected to grow at a robust 35% CAGR, potentially reaching $210 billion by FY30, while domestic consumption is expected to increase at a 15% CAGR.Read more

Motherson Group joins Apple India supply chain with BIEL Crystal partnership

Corning, another key Apple supplier, is expected to begin production at its Tamil Nadu facility in late 2025.Read more

Salcomp to invest Rs 18 billion in India operations; triple sales to $3 billion

It is planning to expand the capacities for its new product lines which will include component for handsets.Read more

Apple supplier Salcomp to invest Rs 20 billion in Indian facility

India has been trying to take advantage of the trade war between Beijing and Washington, which has disrupted supply chains and forced companies to look for alternative manufacturing locations.Read more

Vedanta Aluminium launches Vedanta Metal Bazaar, largest online superstore for aluminium products

Vedanta Metal Bazaar sells over 750 aluminium products online, positioning it as a game-changing new offering within India’s aluminium landscape.Read more

Govt set to extend 15% tax rate for new manufacturing units until 2025

This potential announcement is anticipated in the upcoming Interim Budget on February 1, with the aim of stimulating the manufacturing sector, attracting fresh investments, and simplifying compliance procedures.Read more

India emerges as key alternative in China-Plus-One manufacturing strategy

According to a survey of Chief Executive Officers (CEOs), nearly 53% anticipate that India will emerge as an alternative manufacturing destination to China.Read more

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