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Tata Electronics plans over Rs 500 Cr loan for Hosur Expansion

The inaugural phase (referred to as 1A) of its manufacturing facility commenced operations in December 2022, with a total project cost of Rs 4,225 crore, funded in a 70:30 debt-equity ratio.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, 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

Acer India's vision for PLI 2.0: Strengthening local electronics manufacturing

The PLI 2.0 initiative aspires to elevate India's domestic manufacturing landscape, particularly in the electronics sector.Read more

BEL and Israel's IAI join forces for Indian Defense Advancement

This partnership between BEL and IAI is not a recent development; it stems from a long-standing history of collaboration between the two entities.Read more

Maritronics India dives into defence equipment manufacturing

To strengthen its manufacturing capabilities, the company has signed an initial pact with Goa Shipyard Ltd (GSL) to jointly develop and market navigation, communication, and automation equipment for marine vessels for the domestic defence market.Read more

Corning chooses Telangana for revolutionary gorilla glass facility

With a rich legacy spanning over 172 years, Corning Inc. is renowned for its expertise in glass science, ceramics science, and optical physics. This venture is expected to create employment opportunities for more than 800 individuals.Read more

Southco introduces new high strength rotary latches with electronic actuation

Southco continues to expand its rotary latch portfolio with new versions that can enable electronic actuation and provide an electronic door status signal. These new products offer increased security and access control in rugged environments.Read more

STMicroelectronics supplies SiC technology to BorgWarner for Volvo Cars EVs

BorgWarner will use the SiC dice in their traction inverter platforms for several current and future Volvo Car BEVs. ST to supply Silicon Carbide (SiC) power MOSFETs for BorgWarner’s Viper power module to support Volvo Cars’ journey towards being fully electric by 2030.Read more

HP pursues Indian PC manufacturing growth through PLI 2.0

To bolster PLI 2.0, the government has implemented restrictions on the import of IT hardware, requiring OEMs to apply for licenses before importing.Read more

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