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Apple supplier Rayprus to set up manufacturing facility in Bengaluru

Experts said that the addition of leading component players in addition to the big ticket suppliers just means that a lot more pieces of Apple's India story are falling in placeRead more

Apple and Samsung front runners to boost India’s mobile phone exports

India’s mobile phone exports are expected to cross Rs 1.2 trillion at the end of this financial yearRead more

Vedanta Aluminium launches Vedanta Metal Bazaar, largest online superstore for aluminium products

Vedanta Metal Bazaar sells over 750 aluminium products online, positioning it as a game-changing new offering within India’s aluminium landscape.Read 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

Govt set to extend 15% tax rate for new manufacturing units until 2025

This potential announcement is anticipated in the upcoming Interim Budget on February 1, with the aim of stimulating the manufacturing sector, attracting fresh investments, and simplifying compliance procedures.Read more

India emerges as key alternative in China-Plus-One manufacturing strategy

According to a survey of Chief Executive Officers (CEOs), nearly 53% anticipate that India will emerge as an alternative manufacturing destination to China.Read more

TN secures $4.39 bn investments from Apple, Hyundai, and more

Key deals signed include a $1.4 billion investment by JSW Energy in renewable energy projects, a $1.5 billion investment by Tata Electronics in mobile phone assembly operations, and a nearly $125 million investment by Nike shoemaker Hong Fu.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

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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