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Indian govt mulls wearable production incentives to boost local manufacturing

The Indian government is considering the implementation of a Production-Linked Incentive (PLI) program aimed at wearable technology, which includes hearing devices, in order to stimulate local production by both domestic and international companies.Read more

TotalEnergies to invest $300 mn in Adani Green Energy JV for 1 GW RE facility

The focus of the JV will be on the development of infrastructure related to renewable energy, particularly in the domains of solar and wind energy.Read more

Reliance Industries explores entry into Semiconductor Manufacturing

At present, the names of the foreign chip manufacturers involved in these discussions remain undisclosed. The decision to invest in semiconductor manufacturing has not been finalised.Read more

Foxconn CEO highlights India’s rising role in manufacturing

During an interview with journalists in Taipei, the head of the Taiwanese electronics manufacturing giant expressed his views on India's potential stating, "The development possibilities in India are truly enormous."Read more

Foxconn, STMicroelectronics collaborate for Semiconductor Factory in India

By collaborating with STMicro, Foxconn, a contract manufacturer, is leveraging the expertise of a semiconductor industry pioneer to expand its presence in the highly competitive but challenging semiconductor sector.Read more

India's IT hardware PLI Scheme sees strong industry interest

The government anticipates a cumulative investment of Rs 5,010 crore from the pool of 40 applicants, which includes prominent global IT hardware firms like Dell and HP participating directly in the revised production-linked incentive scheme.Read more

Foxconn to build new electronics facility in Tamil Nadu, signs deal with govt

A substantial portion of this funding, totalling $350 million, will be channelled into the establishment of an iPhone component manufacturing unit.Read more

India's chip-making prospects unfazed as AMD and Vedanta Forge Ahead

It was revealed that the first phase of Vedanta's chip-making project would be completed within two-and-a-half years.Read more

Chips are up!

Over the past decade, the Indian electronics hardware industry has witnessed significant growth and transformation with rising manufacturing and export volumes. India's share in the global electronics industry has increased significantly, rising from 1.3 per cent in FY12 to 3.75 per cent in FY22. Read more

US-India trade: Set for a Reset

During Prime Minister Narendra Modi’s recent visit to the US many new initiatives were announced by the two countries.Read more

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