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FANUC India expands in Tamil Nadu with new Technology Centre in Coimbatore
The new 15,000 square foot centre aims to better serve the region's industrial needs.Read more
India's electronic manufacturing services market to reach $72.2 billion by FY27
Government initiatives such as production-linked incentive (PLI) schemes and the Semicon India programme are driving this growth.Read more
Tata's Rs 60 billion Hosur facility to start iPhone production in November 24
The Hosur plant is expected to house around 20 assembly lines and aims to employ approximately 50,000 workers, predominantly women, within the next two years.Read more
India seeks expanded tariff cuts, stricter rules of origin in ASEAN FTA review
On the ASEAN side, there are expected demands for more concessions on items where India has not yet offered duty cuts or tariff eliminations.Read more
Indian Railways reduces Vande Bharat orders, introduces 24-coach sets
The manufacturing will be handled by Kinet Railway Solutions, a joint venture between India’s RVNL, Russian engineering firm Metrowagonmash, and LES, with a 25:70:5 ownership ratio.Read more
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
Indian toy industry exports reach $523.24 million; surpass imports
The next objective for Indian toy manufacturers is to reach international consumers more effectively through online platforms, according to government plans.Read more
Frugal engineering can position India as the global leader in AI cases; Nilekani
Sarvam AI, a homegrown startup, has developed a Small Language Model (SLM) with two billion parameters, designed to be voice-enabled and multilingual, supporting 10 Indian languages. Read more
Aviation Minister Naidu aims to establish aircraft manufacturing in India
Currently, Boeing and Airbus dominate the global aircraft manufacturing industry, with market shares of over 40% and 60%, respectively. Read more
Indian pharma exports surge with 8.36% growth in July 2024
The Indian pharmaceutical industry is projected to grow to $65 billion by 2024 and to $130 billion by 2030. Read more