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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

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

Tamil Nadu faces skills gap amidst rising graduate numbers joining the workforce

The state government’s Naan Mudhalvan scheme, aimed at creating entry-level jobs, has been praised, though experts suggest expanding its scope and involving more firms. Read more

Axitec unveils 300 MW solar module manufacturing plant in Tiruvallur, Tamil Nadu

This expansion is part of Axitec’s ongoing efforts to meet growing market demands and enhance its ability to deliver high-quality solar solutions swiftly. Read more

Godrej and Boyce to expand in Chennai with Rs 3.5-4 bn manufacturing facility

The 27-acre Ambattur plant currently has a capacity of 90,000 tonnes per annum and has reached up to 66,000 tonnes during peak times.Read more

MoD signs 4 bn pact for 3 testing facilities in TN Defence Industrial Corridor

The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.Read more

EV demand increasing rapidly in Indian cities; BloombergNEF

In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more

Google to manufacture drones in Tamil Nadu for exporting; Make in India

Alphabet’s subsidiary, Wing LLC, which specialises in drone delivery services, will be heading the manufacturing operations in Tamil Nadu.Read more

Zoho plans $700 million foray into chip manufacturing; compound semiconductors

Semiconductors occupy a pivotal position in India's economic agenda, with the government implementing a $10 billion package to fortify the industry's capabilities, positioning the nation to rival established players like Taiwan in the coming years.Read more

Skilled labour: The missing link

It is paradoxical that inspite of having the world’s largest employable population, Indian manufacturers are struggling to find skill labour. India needs to fix the skill set gap fast, if it wants to become to a $1 trillion manufacturing economy and emerge as the world's manufacturing powerhouse, says Rakesh Rao.Read more

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