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India: Leading global manufacturing

On April 11, 2024, the Asian Development Bank (ADB) - following the International Monetary Fund (IMF), World Bank, and Moody’s - raised India’s GDP growth forecast for 2024-25 to 7 per cent from the 6.7 per cent projected in December 2023Read more

India's electronics exports soar over 22%, fuelled by iPhone Surge and Production Incentives

Between April and December 2023, mobile phone exports constituted 52% of the total electronics exports, reaching $10.5 billion.Read more

Apple explores diversified manufacturing in India, discusses partnerships beyond China

Presently, Tata Electronics stands as Apple's sole vendor in India, with plans to double its casing facility.Read more

Apple's 'Make in India' triumph, exceeds Rs 600 bn iPhone assembly target in FY24 Q1

The data is sourced from reports submitted by the three key vendors—Foxconn, Pegatron, and the recently acquired Wistron by the Tatas—to both the central and state governments.Read more

Tata plans massive iPhone assembly plant in India

The conglomerate already owns an iPhone manufacturing facility, acquired from Wistron Corp, in Karnataka.Read more

Apple's expansion gains momentum with increased investments, stores, manufacturing initiatives

Reports indicate that the Sriperumbudur factory on the outskirts of Chennai is now actively involved in assembling the iPhone 15, which launched and went on sale in September.Read more

Apple resists India's push for universal charging, citing production targets

The US tech giant is actively seeking an exemption or postponement while engaging in discussions with Indian authorities.Read more

Foxconn to build new electronics facility in Tamil Nadu, signs deal with govt

A substantial portion of this funding, totalling $350 million, will be channelled into the establishment of an iPhone component manufacturing unit.Read more

Electronic makers hit as Chinese firms halt production to meet energy targets

According to a report by Nikkei Asia, a crackdown on energy consumption has affected approximately 160 energy-intensive companies, including electronics, textile, dyeing and chemical fibre industries.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

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