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Apple shifts iPhone 17 manufacturing to India; Reduce reliance on China
While this change currently applies only to the standard iPhone 17 model, the premium iPhone 17 Pro, Pro Max, and rumored iPhone 17 Slim will continue their NPI processes in China.Read more
L&T appoints Gopi Thangavel as Group CIO
With over 20 years of experience, Thangavel joins L&T from Reliance Industries, where he held key leadership roles for more than six years.Read more
Reliance Infra plans EV manufacturing facility in India
Reliance Infra is exploring the establishment of a battery plant with an initial capacity of 10 GWh, with plans to scale up to 75 GWh over the next decade.Read more
RIL electrolyser giga factory to be operational by 2026
Electrolysers are essential for green hydrogen production, as they use electricity to split water into hydrogen and oxygen.Read more
India to continue reliance on Chinese parts amid domestic manufacturing push
Imports of personal computers, laptops, and tablets decreased by 3.4% in 2023-24 to $8.4 billion, but China still accounts for about 60% of these imports. Read more
India Inc. to invest $45-50 billion annually over next 1-2 years
Moody’s projects that rated Indian companies will invest approximately $45 billion to $50 billion annually in new capacity over the next one to two years.Read more
Reliance Industries to launch its first solar giga-factory in FY25
The factory will be a comprehensive facility producing photovoltaic (PV) modules, cells, wafers, ingots, polysilicon, and glass all at one site.Read more
Reliance Industries to invest $60 bn in 10 years estimates Morgan Stanley
The Tata group has announced plans to invest $120 billion while firms in the Adani tent will put in $100 billion in the next one decade mainly to build airports, sea ports, and roads.Read more
Beumer Group sets up Rs 2 billion production site in Reliance MET City
Laying of the foundation stone took place on 27 June 2024, with representatives of Beumer Group and Reliance MET City attending the ceremonyRead more
Netweb Technologies inducts computing system manufacturing facility in Faridabad
The facility empowers Netweb to produce 'Make in India' high-end computing systems utilising the latest generation chips from esteemed technology partners such as Intel, NVIDIA, and AMD. Read more