New Delhi: The first ‘Made-in-India’ chips are expected to be launched by December 2024 and the country is expected to have around 4-5 semiconductor facilities established within a year, Union Minister for Communications and IT Ashwini Vaishnaw said on Friday.
New Delhi: The Production Linked Incentive (PLI) Schemes have led to a significant increase in production, employment generation, economic growth and exports in the country, a top government official said.
Centre invites new applications after reopening semiconductor incentive scheme
New Delhi: The Union government on Wednesday declared its plan to invite applications for the implementation of semiconductor and display fabrication units in India starting tomorrow.
Top Tesla execs to visit India to explore supply chain expansion outside China: Report
Amid ongoing trade tensions between the United States and China, companies such as Tesla are quickly understanding the need to redirect their focus away from China.
Indian smartphone industry gaining momentum: Reports
Industry experts believe that Indian smartphone export is likely to have crossed USD 10 billion (over Rs 82,000 crore) in the just-ended financial year 2023.
India likely to manufacture 50 pc of all iPhones produced globally by 2027: Report
Beijing/New Delhi: India is expected to assemble 50 percent of all the iPhones manufactured by 2027, a big leap from its current share of less than 5 percent, to be at par with the scale of production in mainland China, according to media reports.
Indian govt likely to consider JVs with Chinese firms to help global firms produce in India
New Delhi/IBNS: The government may consider reviewing Chinese investments in India to facilitate multinational companies shift their manufacturing operations to India, CNBC TV18 reported.
More FDI in services than manufacturing despite Centre's Make-in-India push
New Delhi/UNI: Foreign direct investment (FDI) into India's services sector rose to US$ 153.01 bln in the April 2014 to March 2022 period from US$ 80.51 bln during April 2000 to March 2014, rating firm India Ratings and Research (Ind-Ra) said in a report on Wednesday.
Poll-bound Gujarat has bagged a mega Tata and Airbus Defence military transport plane project worth a whopping Rs 22,000 crore, or 2.66 billion dollars, the Ministry of Defence said Thursday.
Indian Railways floats tender inviting pvt players to make 80,000 wheels annually
The India Railways Friday floated tender inviting bids from private players for setting up a wheel plant with a capacity of manufacturing at least 80,000 wheels annually, according to media reports.
Amazon doubles exports pledge, to now enable $20 billion in exports from India by 2025
Kolkata/UNI: Amazon on Wednesday unveiled the Exports Digest 2022 and announced that cumulative exports by Indian exporters on the Amazon Global Selling program are on track to surpass the $5 billion milestone.
We will achieve 70 percent Made in India products by 2025: Kutchina MD
IBNS Correspondent Nitin Waghela catches up with Areyan Bajoria, Managing Director of Kutchina, to understand the kitchen brand's growth strategy and the latest trends taking place in the world of Indian kitchen market.
HP starts manufacturing laptops, desktops in India
Technology major HP announced the expansion of its Make in India product portfolio as it commenced manufacturing laptops, desktops and monitors at its facility near here, the company said on Wednesday.
Apple starts manufacturing its flagship model iPhone 11 in India
Chennai/IBNS: Apple has started manufacturing one of its flagship devices, the iPhone 11, at Chennai’s Foxconn plant, a development being viewed as a major achievement for government's "Atmanirbhar Bharat (Self-Reliant India)" campaign.
Country of origin on products sold on e-commerce sites mandatory: Centre to Delhi HC
New Delhi/IBNS: The Centre has informed Delhi High Court that the e-commerce platforms have to mention the country of origin of the products sold on their platforms under the Legal Metrology (Packaged Commodities) Rules, 2011