Smartphone manufacturing industry is expanding in India; however, it faces criticism due to the country's heavy reliance on China for components. In response to this issue, the government is planning to introduce incentives aimed at boosting local production.
Foxconn's Indian recruiters previously allowed only unmarried women of a specific age to be eligible for the iPhone manufacturing plant. This requirement has now been removed following investigations.
This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata will hold a 60 percent stake in the joint venture.
During the inauguration ceremony of the World Telecommunication Standardization Assembly and India Mobile Congress 2024, PM Modi advocated for a global framework on digital technology. He also reflected on India's digital journey during the event.
India’s salaries are projected to increase by 9.5% in 2025, led by the engineering and manufacturing sectors, according to Aon’s latest salary report. Explore wage growth trends across industries, including construction, retail, and financial services.
While speaking at an Indian diaspora event organised in Dallas, Gandhi said that the RSS believes India is one idea and Congress believes that India is a multiplicity of ideas. He emphasised that every person should be given space irrespective of their caste, language, religion, and tradition.
Kiwa PVEL releases the annual scorecard that highlights manufacturers that have produced PV modules demonstrating noteworthy results in independent Product Qualification Program (PQP) testing.
Mitsubishi Electric India offers advanced CNC control systems to take the machining needs of customers to a higher performance level. The company supplies CNC package and technologies to various market segment and industries.
US Treasury Secretary Janet Yellen's priority in China has been to persuade Chinese officials to rein in excess production capacity for e-vehicles and solar panels. Worried that it will flood their markets with low-priced exports, the US has made efforts to reduce dependence on Chinese technology.
The Prime Minister encouraged Google's efforts to make AI tools available in Indian Languages. Pichai informed PM Modi of his company's efforts towards improving financial inclusion in India through GPay and UPI.
The growth in IIP was broad-based, with all the three major sectors – manufacturing, mining and electricity – registering positive growth.
Propelled by the government initiates, the manufacturing sector has produced several multibaggers on the Dalal Street over the last few years and still has potential to create several multibaggers going forward.
Between 2014 and 2022, mobile phone shipments under the 'Make in India' initiative reached over 2 billion units, reflecting a 23% compound annual growth rate (CAGR), as indicated by recent research on Monday.
The New Delhi-based firm in an exchange filing said that that its total income in the quarter grew 24 per cent to Rs 262 crore as compared to Rs 211 crore in the corresponding period of the previous financial year.
A rights issue is a type of corporate action that allows a company's existing shareholders to purchase extra shares in proportion to their existing holdings at a discount price.
In a research paper, titled 'Has India really become a mobile manufacturing giant?' Rajan raised concerns about the government's PLI scheme as well as concerns over India's rising mobile phone exports.
Even before that, the country saw a massive turnaround in mobile manufacturing. Before 2014, there were two mobile manufacturing factories and now, more than 200 manufacturing units have been set up in India, producing millions of devices and exporting them to other countries.
RINL, a state-owned steel producer in India, is set to manufacture 55,000 wheels for the Indian Railways as part of a major overhaul project that aims to expand railway tracks, electrification, and station facilities.
Tata Motors of India dominates the country's EV market with 50,000 sales to date and plans to introduce ten electric models by March 2026. By 2025, the company anticipates that electric vehicles will account for 25% of its total sales, up from 8% currently.
India's first chip factory: The 60:40 joint venture of Vedanta-Foxconn will set up a semiconductor fab unit, a display fab unit, and a semiconductor assembling and testing unit on a 1000-acre land in the Ahmedabad district.
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