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CG Power seeks approval for $791 mn semiconductor facility in India
The company relayed this information through a statement to the stock exchange, indicating the submission of the application to the Ministry of Electronics and Information Technology.Read more
India approves 27 firms for in IT Hardware Manufacturing Boost
Giants such as Dell, HP, Flextronics, and Foxconn includes under the production-linked incentive (PLI) scheme for IT hardware.Read more
Vedanta in talks with Innolux for display fab in India
A spokesperson from Vedanta's semiconductor and display business confirmed to PTI that discussions are underway for the establishment of a display fabrication facility.Read more
Foxconn, Nvidia join forces for AI factories revolutionising tech production
Expanding its horizons beyond electronics assembly, Foxconn has ventured into the competitive electric vehicle sector, unveiling concept cars at its annual Read more
Indian smartphone manufacturers struggle with PLI targets, call for scheme extension
While global giants like Foxconn, Wistron, and Samsung have contributed to the success of the PLI scheme, a senior executive from Lava emphasised the need for more time to establish local champions in the manufacturing industry.Read more
Telangana welcomes Kaynes: Boosts semiconductor industry standing
The company partners with the Government of Telangana for esteemed OSAT/ATMP plant in Hyderabad.Read more
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