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Tata to acquire 60% stake in Pegatron India operations

Tata’s partnership with Pegatron comes amid Apple's push to diversify its production base outside China, with India poised to contribute 24% of global iPhone production this year—double the previous year’s share. Read more

Daimler India Commercial Vehicles unveils mechatronics lab in Oragadam, TN

The Oragadam plant, spanning 400 acres, not only manufactures trucks ranging from 10 to 55 tons and BharatBenz buses but also produces Mercedes-Benz coaches and bus chassis.Read more

The machine tool industry is a crucial customer base for Eplan

In this interview with Rakesh Rao, Umesh Pai, MD, Eplan Software Pvt Ltd (Eplan India) explores recent developments and the effect of emerging trends on the Indian machine tools industry.Read more

India taking slow steps to beat China in electronics export

India houses Samsung Electronics Co.’s biggest mobile phone factory, while Apple Inc. makes at least 7 per cent% of all its iPhones in India through its contract manufacturer Foxconn Technology Group and Pegatron CorpRead more

India's Mobile Manufacturing boom set to create 150K-250K jobs in 12-16 months

Apple, along with its three contract manufacturers in India—Foxconn, Wistron, and Pegatron—alongside domestic player Dixon Technologies, is set to significantly expand its workforce to meet the growing demand both domestically and internationally.Read more

Foxconn partners with HCL Group for Chip Venture in India

This venture, referred to in the industry as OSAT (Outsourced Semiconductor Assembly and Test), follows Foxconn's withdrawal from a previous joint venture with India's Vedanta in July.Read more

TN secures billion in investments sectors at Global Investors Meet

Agreements were signed, including a significant investment of Rs 16,000 crore from Vietnamese electric vehicle player VinFast, earmarked for establishing an EV manufacturing facility in the southern district of Thoothukudi.Read more

Northvolt unveils Sodium-Ion Battery, Paves way to sustainable energy transition

The World Bank Group's 2023 report on Challenges and Opportunities underscores the water intensity and potential environmental impacts of lithium extraction, driving the search for alternatives like sodium-ion batteries.Read more

Corning Inc invests Rs 10 bn in Tamil Nadu for Apple supplier manufacturing facility

The new facility will be situated in Pillaipakkam, near Sriperumbudur, on a 25-acre plot, with the option for expansion as needed.Read more

Apple's 'Make in India' triumph, exceeds Rs 600 bn iPhone assembly target in FY24 Q1

The data is sourced from reports submitted by the three key vendors—Foxconn, Pegatron, and the recently acquired Wistron by the Tatas—to both the central and state governments.Read more

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