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China dominates electronic components supply for 'Made in India' products

In 2023-24, India's total electronic components imports reached $34.4 billion, making them the fifth largest import category.Read more

FDI in manufacturing reaches $165 billion; 69% growth over last decade

This sector surge is largely driven by production-linked incentive (PLI) schemes.Read more

Sluggish growth in automation market; machine-integrated robots gain momentum

Partnerships are increasingly being announced between robot vendors and automation providers to develop new products and solutions.Read more

GOI tightens disclosure norms for domestic solar manufacturers

This directive, issued via a notification on August 7, requires companies to self-certify as producers of indigenous solar components.Read more

Dixon advances joint venture talks with several electronics component firms

The initiative aligns with the government’s efforts to incentivise domestic manufacturing across 12-15 component categories to enhance local value addition.Read more

IIT Madras receives biggest donation of Rs 2.28 billion from Krishna Chivukula

In recognition of his generosity, IIT Madras has named a new academic block the Krishna Chivukula Block. Read more

Sterlite Power wins Rs 15 billion worth orders in Q1 FY25

The new set of orders, won across the domestic and international market in Q1 FY25, builds on the total order book of over Rs 65.6 billion at the start of this financial year.Read more

Indian manufacturing sector sentiments improved for Q1 24-25: FICCI

The survey reveals that 78% of respondents anticipate higher or stable production levels, up from 57% in the previous year.Read more

Auto component industry sees 9.8% rise with Rs 6.14 trillion trade surplus

Domestic component supply to original equipment manufacturers (OEMs) grew by 8.9% to Rs 5.18 trillion, with the electric vehicle (EV) manufacturing sector accounting for 6% of total component production.Read more

Bharat Forge Class-8 truck orders in North America fall to 14-month low

The defence-to-auto component-supplier Bharat Forge has presence in the class 8 trucks market in North America. Bharat Forge late last month had announced an additional investment of $40 million in Bharat Forge America.Read more

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