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Tata Group boosts India's semiconductor ambitions with govt subsidy bid
Insider sources from the Ministry of Electronics and IT have revealed that Tata is in the process of drafting a proposal, expected to be submitted within the next 3 to 6 months.Read more
HCLFoundation and Stanley Black & Decker join forces for manufacturing skills development
The partnership aims to provide skills training to Indian youth, enhancing their employability in the manufacturing sector.Read more
Taiwan, India strengthen economic ties and supply chain cooperation
In stark contrast to the modest $2 billion recorded in 2006, the current trade volume between the two nations has surged to over $7 billion.Read more
India's Telecom sector achieves milestone: PLI investments surpass Rs 2,419 cr
This investment has led to the employment of 17,753 individuals. In October 2022, the government selected 42 companies that pledged a total investment of Rs 4,115 crore.Read more
ALP Overseas acquires SoffSeal International Inc
The company boasts an extensive range of weatherstripping products tailored for Chevrolet, Pontiac, Oldsmobile, Buick, Cadillac, GMC, Mopar, and Ford vehicles spanning from the 1920s to the early 2000s.Read more
Schaeffler announces merger with Vitesco, accelerating EV market presence
Both Schaeffler and Vitesco possess similar e-mobility technology portfolios. While Vitesco primarily deals in combustion-engine components, it has recently secured significant orders for its electric-drive division.Read more
Siemens announces milestone of 100 digital use cases on Siemens Xcelerator
Tata Consultancy Services (TCS), Koncept Engineers, Safex Technologies and Sonicbolt Technologies announced as Siemens Xcelerator Ecosystem PartnersRead more
Zebra Technologies demonstrates generative AI on its devices with Qualcomm
GenAI on Zebra devices can offer new levels of privacy, security, capability and cost savings for businesses.Read more
Continental, DeepDrive develop wheel hub drive with integrated brake
As a first milestone, both companies will jointly develop a combined unit comprising drive and brake components for mounting directly on the vehicle wheel.Read more
India's PLI 2.0: Gateway to IT hardware revolution
With a substantial budgetary allocation exceeding $2 billion, this initiative signifies a significant shift toward strengthening the IT hardware manufacturing sector within the country, as stated in the ICEA's official release.Read more