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Zoho halts $700 million chipmaking plan in latest setback for India
As part of its diversification, Zoho had planned to commit $400 million to build a semiconductor facility in Karnataka, southern India.Read more
Dixon and Inventec join hands to manufacture PCs and servers in India
The joint venture entity, named Dixon IT Devices Private Limited, will focus on producing notebook PCs, desktop PCs (including key components), and servers domestically, according to the company’s regulatory filing.Read more
US tariffs on China boost India’s manufacturing prospects: V Anantha Nageswaran
On India’s broader economic outlook, Nageswaran estimated a growth rate of 6.5% for FY2024-25, supported by improving exports and strong momentum into the first quarter of FY2025-26. Read more
MIC Electronics awarded ISO 14001:2015 and ISO 45001:2018 certifications
The ISO 14001:2015 certification confirms MIC’s dedication to sustainable operations by integrating eco-friendly practices and resource efficiency into its daily activities. Meanwhile, the ISO 45001:2018 certification highlights MIC’s proactive approach to ensuring safe and healthy working environments across its facilities.Read more
India is a key strategic market for Hexagon: Jason Walker
In this interaction with Rakesh Rao, Jason Walker, VP, General Manufacturing Practice Lead, Hexagon, sheds light on the factories of the future and importance of India for Hexagon.Read more
Bearings are Spinning India Forward: Sanskriti Ramachandran
Bearings may be small, but they play a critical role in keeping India’s industries running smoothly. With rising demand from sectors like automotive, infrastructure, and energy, the bearings market is expanding rapidly. Backed by government policies and local manufacturing, India is gaining strength, says Sanskriti Ramachandran.Read more
Tariff impact may cost Indian auto exporters Rs 27-45 billion: ICRA
The Indian auto component industry demand continues to benefit from a diversified mix of end-user segments and geographies, with over 70% of its revenues coming from domestic sales. Read more
Mahindra to acquire 58.96% stake in SML Isuzu for Rs 5.55 billion
M&M would also launch a mandatory open offer for acquisition of up to 26% stake from eligible public shareholders of SML in accordance with the SEBI Takeover Regulations.Read more
Vardhman Special Steels announces greenfield steel plant and releases Q4 results
Vardhman Special Steels Limited is one of India’s leading producers of special steels and a pioneer in green steel manufacturing.Read more
Cabinet approves 100 MW expansion of Goaltore solar plant
The plant currently generates 112.5 MW.Read more