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Cyclone Michaung paralyzes Chennai: Major industries. IT hubs grapple with floods

The production at six prominent auto component units, including Lucas TVS, Wheels India, Sundram Fasteners, Sundaram Clayton, and Brakes India, faced disruptions for the third consecutive day.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

Gujarat's IT/ITeS sector gears up for transformative growth and global collaboration

In the fiscal year 2021-22, Gujarat achieved a remarkable 14% annual growth in IT/ITeS exports. As part of its strategic plan, the state aims to boost these exports to Rs 25,000 crore over the next five years.Read more

PLI Scheme spurs 500,000 jobs in mobile industry: Minister

Speaking at the inauguration of Padget Electronics' Rs 256 crore smartphone manufacturing facility in Noida, Uttar Pradesh, Ashwini Vaishnaw expressed confidence in the development of the electronic components ecosystem.Read more

Epigral opens its first R&D centre in Ahmedabad

Located at Changodar in Ahmedabad, the R&D centre is built over 14,374 square metre and has the latest, state-of-the-art technologies installed.Read more

EXCON 2023 likely to attract over 1200 exhibitors across the world

EXCON, South Asia's largest exhibition for construction equipment, organised by the Confederation of Indian Industry CII, is scheduled to be held from December 12 to 16 at the Bangalore International Exhibition Centre in Bengaluru.Read more

India approves 27 firms for in IT Hardware Manufacturing Boost

Giants such as Dell, HP, Flextronics, and Foxconn includes under the production-linked incentive (PLI) scheme for IT hardware.Read more

REC signs MoU with RailTel to finance infra projects in Telecom, IT, railway signalling

MoU extends to the possibility of financing overseas ventures related to High-Speed Rail, metro, IT network, and the Upgradation of Railway Network.Read more

LAN passive components launched by Finolex Cables, extends its LAN portfolio

These are especially useful in places like data centres, IT networks, conference rooms and branch office connections with high-density switches. Read more

India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives

Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more

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