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Corning Inc invests Rs 10 bn in Tamil Nadu for Apple supplier manufacturing facility

The new facility will be situated in Pillaipakkam, near Sriperumbudur, on a 25-acre plot, with the option for expansion as needed.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's electronics manufacturing skyrockets: 4-fold surge to Rs 8.22 tn in a decade

Minister of State for Electronics and IT Rajeev Chandrasekhar informed the Lok Sabha that India has now reached a stage where 99.2 per cent of mobile handsets being used in the country are manufactured domestically.Read more

Himadri Speciality Chemical invests Rs 4,800 cr in Li-ion battery component manufacturing

The company aims to produce 200,000 tonnes of lithium iron phosphate (LFP) cathode active material, contributing to the creation of 100 gigawatt hours (GWh) of Li-ion batteries in phases over the specified timeframe.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

Q-Line Biotech boosts healthcare manufacturing in UP with Rs 500 cr investment

The inauguration of the facility is slated to be proposed during the upcoming Ground Breaking Ceremony, with a formal invitation extended to the Chief Minister.Read more

Oakter secures approval in PLI 2.0, paving way for high-tech manufacturing

Oakter is currently underway with the development of an indigenous tablet within the PLI framework, with plans to commence manufacturing within the next 90 days.Read more

Intel, Siemens forge 3-year partnership for advanced chip manufacturing efficiency

Intel is undergoing a multi-billion-dollar transformation in its manufacturing operations, which includes a shift to cutting-edge chip technology known as extreme ultraviolet (EUV) lithography.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

JSW Group enters JV with SAIC Motor for EV manufacturing in India

The newly established entity, in which JSW Group will hold a 35% stake. The remaining ownership distribution is yet to be finalised.Read more

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