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Friday 3 March 2023
Tesla announces master plan 3, cybertruck, Mexico gigafactory
On Investor Day on March 1, Tesla revealed a master plan to electrify transportation from cars to planes and increase the sustainability of the global economy. CEO Elon Musk said...
Friday 3 March 2023
Reliance and Tata reportedly to bid for solar module manufacturing incentives
India has closed the application window for its solar module manufacturing incentive scheme, and Reliance and Tata are reportedly bidding on the grants. However, Adani Group, engulfed...
Friday 3 March 2023
Foxconn to invest in Telangana, reportedly to expands iPhone and EV parts production in Karnataka
Foxconn announced an expansion in its investments in India, signing an MoU with the government of Telangana for electronics manufacturing amid its accelerated diversification efforts...
Friday 3 March 2023
Foxconn to step up diversification of production bases
Hon Hai Precision Industry (Foxconn) chairman Young Liu recently visited India, highlighting the electronics manufacturer's production diversification strategy.
Thursday 2 March 2023
Realme charts path to race to the top amid Xiaomi's dim outlook in India
As India's smartphone market is bracing for a potential leadership change amid a prolonged weak demand, Realme is looking to expand its offline reach and invest more in R&D.
Thursday 2 March 2023
Foxconn chairman visits China and India
Young Liu, chairman of Hon Hai Precision Industry (Foxconn), is in India meeting Prime Minister Narendra Modi and Alkesh Kumar Sharma, Secretary of the Ministry of Electronics and...
Wednesday 1 March 2023
India roundup: Vedanta-Foxconn's wafer fab to be set up in Dholera SIR
Vedanta and Foxconn selected Dholera SIR in the Gujarat state for establishing its wafer fab project, and the weak economy leads to a drag on India's local handset manufactuers' production...
Wednesday 1 March 2023
Apple suppliers become largest job creator in India's electronics despite occasional disruption halts
As Apple suppliers pick up their pace of investing in India, Apple has become the largest blue-collar job creator in India's electronics manufacturing industry. However, suppliers...
Friday 24 February 2023
Handset EMS providers eye opportunities from India MII initiative, says DIGITIMES
Witnessing the ongoing tech war between the US and China, a slew of electronics brands have flocked to India to establish production bases, driven by the local government's Make in...
Friday 24 February 2023
Tata reportedly to raise fund for debt reduction and EV business
As a leader in India's emerging EV market, Tata Motors is reportedly looking to raise funds for the EV expansion as the carmaker is grappling with debt reduction in the automotive...
Thursday 23 February 2023
Dimerco insights: Free trade warehousing zone facilitates smooth entry to India market
India has risen to be the next global manufacturing hub and holds great market potential. George Chiou, air freight president of international logistics company Dimerco, said those...
Thursday 23 February 2023
Stellantis enjoys 41% BEV sales increase in 2022, saying strong orders will protect it through 1H 2023
Stellantis posted record financial results on Wednesday, with battery EV sales jumping 41% and adjusted operating income growing 29% in 2022. CEO Carlos Tavares said a strong order...
Thursday 23 February 2023
India's tablet momentum continues despite weak global demand
Despite macroeconomic headwinds that face the world, India's tablet market saw huge growth amid speeding roll-out and rising 5G services, with the momentum expected to continue over...
Wednesday 22 February 2023
Ease of business in India improves significantly for foreign companies, says PwC
PwC India partner Sivam Subramanian said India is thought of as the largest business opportunity of the 21st century, while current prime minister Narendra Modi has resolved to reform...
Wednesday 22 February 2023
Local brands and manufacturers emerge in India's TWS market
India's TWS (True Wireless Stereo) market again saw double-digit growth in 2022, and major brands ramped up local production to drive down the end products' price amid 'Make in India'...