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Indian smartphone manufacturers struggle with PLI targets, call for scheme extension

While global giants like Foxconn, Wistron, and Samsung have contributed to the success of the PLI scheme, a senior executive from Lava emphasised the need for more time to establish local champions in the manufacturing industry.Read more

Accord to supply millions of NavIC chipsets to in next 3 yrs, revolutionise vehicle industry

This development gains significance due to the government's mandate for a NavIC-based vehicle tracking system in commercial vehicles, and the imminent requirement for smartphones to integrate NavIC chipsets alongside other GPS.Read more

Samsung receives Rs 500 cr incentives under PLI Scheme for increased production

The South Korean electronics manufacturer had submitted a claim under the PLI scheme for large-scale electronics manufacturing, which was introduced in 2020.Read more

Dixon Technologies to build Xiaomi Smartphone assembly facility in Noida

Dixon Technologies (India) Ltd, a contract manufacturing firm headquartered in Noida, is currently in the process of establishing a sprawling assembly facility spanning 1 million square feet for the renowned Chinese electronics brand, Xiaomi.Read more

EV Battery prices drop 10% in August amidst dampened demand

As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more

Corning chooses Telangana for revolutionary gorilla glass facility

With a rich legacy spanning over 172 years, Corning Inc. is renowned for its expertise in glass science, ceramics science, and optical physics. This venture is expected to create employment opportunities for more than 800 individuals.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

Mobile access makes industrial automation easier

Making technology work with mobile devices is an excellent way to help users access the statistics they need to make better decisions without being on-site, says Emily Newton.Read more

PLI schemes to empower electronic sector

The Government of India has committed nearly $ 17 billion over the next 6 years across four PLI Schemes - Semiconductor and Design, Smartphones, IT Hardware and Components. With global majors adopting ‘China Plus One’ policy, PLI schemes can help India in filling the market vacuum left by China.Read more

India holds talks with Taiwan to set up $ 7.5-bn chip plant

Chip shortages have delayed the much-anticipated launch of a smartphone by billionaire Mukesh Ambani’s Reliance Industries that has been co-engineered with Google.Read more

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