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Job creation in manufacturing doubles between FY14 and FY23
While the share of manufacturing in India’s GDP remained steady at 16-17% during FY14-FY23, the government aims to increase it to 25% by the end of the decade.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
China orders automakers to avoid investing in India to safeguard EV technology
The directive comes amid strained relations between China and India, particularly following a deadly border clash in 2020.Read more
Grew Energy signs Module Supply Agreement with BluPine Energy
TOPCON Modules are one of Grew Energy’s premier products that are in demand for commercial as well as industrial solar power projects.Read more
Reliance Infra plans EV manufacturing facility in India
Reliance Infra is exploring the establishment of a battery plant with an initial capacity of 10 GWh, with plans to scale up to 75 GWh over the next decade.Read more
India's first silicon carbide manufacturing facility to be established in Odisha
The project, expected to generate over 500 jobs across research, development, and factory operations, will boost Odisha's industrial growth and position it as a key player in the global power electronics market.Read more
Apple supplier Jabil to invest Rs 20 billion in Trichy manufacturing plant
With Jabil's investment, Tamil Nadu now hosts all major Apple suppliers, including Foxconn, Pegatron, Tata Electronics, and Jabil, positioning the state as a key hub for electronics manufacturing.Read more
Applied Materials eye India; consider Tamil Nadu for chip manufacturing unit
The company may initially focus on developing an advanced AI-enabled technology centre in Chennai, creating 500 jobs, with potential future expansion into manufacturing.Read more
HP to partner with Dixon's Padget for PC manufacturing in India under PLI 2.0
This facility, spanning 300,000 square feet, is expected to generate 1,500 direct jobs and will have the capacity to produce 2 million units annually at full scale.Read more
DEP and Hexagon to expand distribution of CAE platform, DEP MeshWorks in India
MeshWorks is distinguished by its advanced capabilities such as highly efficient CAE meshing & model assembly tools that cut down model build time drastically, morphing & parametric CAE technology for fast design iterations & optimisation, concept CAE modelling with zero CAD, process automation that provides 2X to 5X CAE workflow time reduction and much more. Read more