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Honor to commence manufacturing in India by 2024
HTech is actively engaging with three contract manufacturers in India and aims to commence local manufacturing of Honor smartphones by the first quarter of 2024.Read more
Apple Takes Strategic Steps to Enhance Local Component Manufacturing in India
Apple's strategic moves to bolster local manufacturing in India for market expansionRead more
Kalyani Group pioneers green steel manufacturing in India
This major milestone will enable Saarloha to contribute towards the government of India’s commitments to reduce the carbon emissions by 45 per cent by 2030, over 2005 levels and to become Net Zero emissions country by 2070.Read more
Govt modifies PLI scheme for semiconductors manufacturing in India
Post changes, the scheme to offer 50% incentives for semiconductor fabs across the technology nodes as well as for compound semiconductors, packaging and other semiconductor facilities.Read more
Government deliberates on strengthening manufacturing ecosystem in India
The Investment Clearance Cell (ICC) is being set up to facilitate and support businesses through a one stop digital platform - the National Single Window System. Read more
Extend PLI scheme to MSMEs to boost electronic manufacturing in India: Study
According to a research study of MVIRDC World Trade Center Mumbai, government should reduce the investment limit under the PLI scheme for select electronic components to Rs 200 million from Rs 1,000 million to allow MSMEs to participate in this scheme. 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
