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VinFast chooses Tamil Nadu for global ev manufacturing hub in India

Sources familiar with the matter revealed that the top management of VinFast, led by Chairman Ph?m Nh?t V??ng, is expected to visit India soon to finalise a Memorandum of Understanding (MOU) with the Tamil Nadu government.Read more

Xiaomi India considers local tablet manufacturing amid IT hardware import restrictions

This initiative aligns with India's Make in India program, aiming to bolster investment and entrepreneurship in the fifth-largest global economy.Read more

Apple explores diversified manufacturing in India, discusses partnerships beyond China

Presently, Tata Electronics stands as Apple's sole vendor in India, with plans to double its casing facility.Read more

Dixon Technologies: Scaling heights in global electronics manufacturing with PLI

Despite catering to Taiwanese and Chinese clients, Dixon strategically aligns itself with the Indian government's policy through both contracts falling under the revamped production-linked incentive (PLI) scheme for IT products.Read more

EKA Mobility secures $100 mn Investment for EV Manufacturing in India

Under the agreement, Mitsui and VDL will jointly invest approximately Rs 830 crore in EKA Mobility, acquiring 'significant' minority stakes. The funds will be allocated to expand research and development efforts and increase manufacturing capabilities.Read more

India's Manufacturing sector holds strong in December despite PMI Dip

S&P Global, the compiler of the index, noted that December's PMI reading signifies a substantial improvement in the sector's health. Despite being above the long-term series trend, it contributed to the lowest quarterly average (55.5) since Q1 2022-23.Read more

India's electronics manufacturing surges, eyes $115 bn in 2024

The production of mobile phones, a key player in India's electronics manufacturing, is anticipated to exceed $50 billion by March 2024, up from approximately $42 billion in the previous fiscal year.Read more

Adding new dimension to manufacturing

When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more

ENGIMACH 2023: Adding vibrancy to manufacturing sector

Recognised as a Pre-Vibrant Gujarat Event, ENGIMACH 2023 showcased the latest developments and innovations in modern manufacturing technologies and automation essential to the success of Make in India mission. Read more

Additive manufacturing adds new dimension to metal working

The demand for metal 3D printing for high-volume production is anticipated to rise as India transforms into a global manufacturing hub. Mainstreaming of metal additive manufacturing in the production line is expected to grow and expand in a big way in the near future, says Rakesh Rao.Read more

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