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India's electronic manufacturing services market to reach $72.2 billion by FY27
Government initiatives such as production-linked incentive (PLI) schemes and the Semicon India programme are driving this growth.Read more
General Motors lays off over 1,000 software and services employees globally
The reduction primarily targets teams which oversees vehicle infotainment, OnStar services, and GM's Super Cruise advanced driver-assist system. Read more
'Made in India' export surge draws major shipping lines to expand services
Global importers are increasingly seeking alternatives to China, with significant volumes of Indian exports including automobiles and polyethylene (PE) products. Read more
Marine Electricals signs MoU with Cummins India for Indian Navy services
The MoU also involves Marine Electricals' associate company, Athmer India Private Limited, which will contribute to the development of special auxiliary machines in related fields.Read more
Automation to drive female workforce into male-dominated manufacturing sector
Currently, women make up only 15-20% of the manufacturing workforce in India.Read more
FDI in manufacturing reaches $165 billion; 69% growth over last decade
This sector surge is largely driven by production-linked incentive (PLI) schemes.Read more
Intel achieves milestones with advancement of Intel 18A process node
Intel also disclosed that its first external foundry customer is expected to tape out on the 18A node in the first half of 2025, a crucial step for the company's expanding foundry business.Read more
Slow progress hampers development of electronic manufacturing at Tuem
The commissioning of a 33/11kV substation, built at a cost of Rs 428 million, is significantly delayed. Read more
Budget 24-25: 12 ‘plug & play’ industrial parks to be created under NICDP
The Union Budget 2024-25 proposes to revamp ShramSuvidha and Samadhan portals to enhance ease of compliance for industry and trade, with intent to strengthen them and step up their implementation for expediting our journey towards the goal of Viksit Bharat. Read more
Dixon Tech buys 56% stake in manufacturing service provider Ismartu India
Dixon Technologies is known for its EMS offerings across various segments, including lighting solutions, televisions, washing machines, security systems, wearables, and hearables.Read more