Electronics sector gets ?22,919 crore PLI scheme boost
The government has approved a ?22,919 crore production-linked incentive (PLI) scheme for electronic components, expected to attract ?59,350 crore in investments
Acer re-enters Indian market via smartphone partnership
Acer is re-entering the Indian smartphone market through a trademark licensing agreement with Indkal Technologies. Indkal will handle design, manufacturing, and
Foxconn is considering plans for a mobile mfg unit in Greater Noida
The Uttar Pradesh government is in talks with Foxconn to establish a mobile manufacturing plant in Greater Noida on 300 acres. This would be FoxconnÂ’s first maj
Foxconn’s Yuzhan Technology invests ?13,180 crore for factory in Tamil Nadu
Yuzhan Technology (India), a subsidiary of Taiwanese contract manufacturer Foxconn, is set to establish a factory in Tamil Nadu with an approved investment of ?
Maharashtra CM Approves ?29,550 Cr Mega Projects in Ratnagiri
Maharashtra CM Eknath Shinde has approved two mega projects in Ratnagiri, totaling ?29,550 crore. The first, by Vellore Information Technology Park, involves a
Apple to Get Fourth iPhone Assembly Plant in India by 2024
Apple Inc's fourth iPhone assembly plant in India, built by key contract manufacturer Tata Electronics, is set to begin production in November 2024. Located in
Valeo Opens New Power Electronics Facility in Pune
Valeo has launched a new power electronics production facility in Pune, India, expanding its industrial footprint in the country. The facility, covering over 7,
EVR Motors’ Manesar Plant Set to Ramp Up Electric Motor Production
EVR Motors' Indian facility is situated in Manesar, Haryana, alongside Maruti Suzuki's largest auto factory, producing 900,000 vehicles annually. The plant curr
Zetwork to Invest Rs. 1,000 Crore in Production Expansion
Zetwork, a manufacturing services provider, is set to invest approximately ?1,000 crore to enhance its production capabilities for various electronic devices, i