Govt makes renewed push to boost hardware manufacturing
1 year, 7 months ago

Govt makes renewed push to boost hardware manufacturing

Live Mint  

New Delhi : The Union cabinet on Wednesday approved a six-year production-linked incentive scheme for IT hardware, including laptops, tablets, personal computers, servers and edge computing devices, with an outlay of ₹17,000 crore. Telecom minister Ashwini Vaishnaw said the scheme would attract top hardware companies such as HP, Dell and Apple to India. “We’re confident that the changes made in the revised scheme will attract all the major IT hardware players to set up shop in India," Vaishnaw said. It will enhance India’s position as a global technology hub for companies to drive India-designed IP and explore new growth avenues," said Rajen Vagadia, vice-president of Qualcomm India Pvt. Pankaj Mohindroo, chairman of the India Cellular and Electronics Association, said the scheme would foster domestic manufacturing and benefit major global manufacturers of IT hardware products a significant portion of which is currently being imported.

India Manufacturing Indian Electronics Hardware Vaishnaw Pli It Hardware Revised Scheme Govt Makes Hardware Manufacturing  pli  companies  revised  scheme  growth  india  boost  push  hardware  global  electronics  renewed  manufacturing  govt  makes

History of this topic

India job outlook 2025: How IT, energy, infra, logistics will drive hiring
1 week, 1 day ago

India job outlook 2025: How IT, energy, infra, logistics will drive hiring

India Today  

Employers in India are more optimistic about increased hiring next year compared to their global counterparts. According to the latest ManpowerGroup Employment Outlook report, which surveyed 3,000 employers, 53 per cent plan to hire while 13 per cent anticipate a reduction in staffing levels during Q1 2025. Sonal Arora, country manager of GI Group Holding, stated: “Overall, 2024 was a …

Government to offer USD 500 crore incentive to further localise smartphone production
4 weeks, 1 day ago

Government to offer USD 500 crore incentive to further localise smartphone production

India TV News  

India is planning to offer significant financial incentives, up to USD 500 crore, to encourage companies to produce parts locally for a variety of electronic devices, including mobile phones and laptops. Over the past six years, India’s production of electronics has more than doubled, reaching approximately USD 11,500 crore in 2024. India has set an ambitious goal to increase its …

India unveils $5 billion plan to strengthen domestic electronics component production
1 month ago

India unveils $5 billion plan to strengthen domestic electronics component production

Live Mint  

India is set to roll out incentives worth up to $5 billion to local electronics firms to manufacture components for devices ranging from smartphones to laptops, according to government officials. However, the industry remains heavily dependent on imported components, particularly from China and Hong Kong, which account for over half of India's $89.8 billion electronics imports in the fiscal year …

India must cash in on chip war
1 month, 1 week ago

India must cash in on chip war

Hindustan Times  

The US government’s latest directive to TSMC, halting shipments of advanced semiconductors to China, marks a significant escalation in the global chip wars. The US has tightened its grip on advanced chip sales to China, from restricting Nvidia and AMD’s AI chip sales in 2022 to planning additional controls on about 120 Chinese tech firms. The Biden administration’s sustained pressure …

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue
1 month, 1 week ago

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue

Firstpost  

Apple’s production increase hinges on the policies of US President Donald Trump, who has repeatedly expressed his intent to impose steep tariffs, between 60-100 per cent, on goods imported from China If Apple implements these plans, India’s share of global iPhone production could rise to over 26 per cent, a substantial jump from the current 12-14 per cent. The Economic …

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
1 month, 3 weeks ago

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging

Firstpost  

India's mobile manufacturing industry is gaining global attention, thanks to the Make in India initiative. Big companies like Samsung and Apple are setting up large factories in the country, making India the world's second-largest exporter of mobile phones. With Samsung's mega factory in Noida and Apple moving some iPhone production to Tamil Nadu, India is becoming a key player in …

'India has become launching pad for technology': PM Modi says made-in-India chips to be seen in America
3 months ago

'India has become launching pad for technology': PM Modi says made-in-India chips to be seen in America

India TV News  

New York: Prime Minister Narendra Modi unveiled an ambitious plan in the realm of technology, where he said the United States would soon see made-in-India Micron semiconductor chips. Addressing a crowd of 15,000 members of the Indian diaspora, PM Modi said India has become a launching pad for technology. India wants more and more devices in the world to run …

World's Second Largest Mobile Producer, India Emerges As Global Semiconductor Powerhouse
3 months, 1 week ago

World's Second Largest Mobile Producer, India Emerges As Global Semiconductor Powerhouse

News 18  

As the global demand for semiconductors continues to surge, India is making significant strides towards establishing itself as a major player in the semiconductor industry. This shift was prominently highlighted at Semicon India 2024, a three-day event held in Greater Noida, which underscores the country’s commitment to becoming a key global semiconductor hub. This commitment helps maintain a robust talent …

World’s No. 2 chip fab toolmaker to develop India as R&D hub, supplier base
3 months, 1 week ago

World’s No. 2 chip fab toolmaker to develop India as R&D hub, supplier base

Live Mint  

Applied Materials Inc., the world’s second-largest toolmaker for semiconductor fabrication units, is working with more than a dozen international and domestic suppliers to set up manufacturing in India, said Prabu Raja, president of the semiconductor products group at the California-headquartered company. In an exclusive conversation with Mint, the top executive, who is spearheading a $400 million investment into India announced …

Mint Quick Edit | India’s fab dream: There’s hard work to do
3 months, 1 week ago

Mint Quick Edit | India’s fab dream: There’s hard work to do

Live Mint  

Prime Minister Narendra Modi said on Wednesday that it is his dream to see an India-made chip in every global device. He also sought to attract global players by highlighting India’s stable business environment and chip investments already secured to fast-track the sector’s growth. While local chip rhetoric has been high ever since “computer chips, not potato chips" became a …

'Our Dream is To Have Indian-Made Chip in All Devices in World': PM Modi At Semicon India 2024
3 months, 1 week ago

'Our Dream is To Have Indian-Made Chip in All Devices in World': PM Modi At Semicon India 2024

News 18  

Prime Minister Narendra Modi on Wednesday said this is the right time to be in India as the government here offers stable policies and ease of doing business on investments. PM Modi on Wednesday inaugurated the three-day Semicon India 2024 at Greater Noida in Uttar Pradesh. India’s focus is to make its students and professionals semiconductor industry-ready,” PM Modi Stating …

Local telecom manufacturing set to boost entry-level jobs: Minister
4 months ago

Local telecom manufacturing set to boost entry-level jobs: Minister

India TV News  

The push for local telecom manufacturing, bolstered by the production-linked incentive scheme, is expected to generate more entry-level job opportunities and contribute to the development of skilled manpower, according to the Centre. In a recent meeting with original equipment manufacturers in the telecom sector, Union Minister of Communications Jyotiraditya Scindia emphasized that this initiative aligns with Prime Minister Narendra Modi’s …

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel
4 months, 1 week ago

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel

Deccan Chronicle  

Nadiad : Gujarat Chief Minister Bhupendra Patel on Thursday said India's first indigenously developed semiconductor chip will be manufactured in the state, which has so far attracted an investment of Rs 1 lakh crore in electronics and chip manufacturing sectors. "We have so far attracted an investment of Rs 1 lakh crore in the electronics and semiconductor sector and India's …

India will emerge as one of biggest chip hubs in next 5 years: Ashwini Vaishnav
7 months, 4 weeks ago

India will emerge as one of biggest chip hubs in next 5 years: Ashwini Vaishnav

India TV News  

Union Railways and IT Minister Ashwini Vaishnaw has recently said the country will become one of the biggest semiconductor hubs in the world in the next five years. The chip fabrication facility at the Dholera Special Investment Region in Gujarat is being set up by Tata Electronics Private Limited with a total investment of more than Rs 91,000 crore. The …

Apple set to scale up production India, employ 5 lakh people in next 3 years
8 months ago

Apple set to scale up production India, employ 5 lakh people in next 3 years

Live Mint  

iPhone maker Apple is set to scale up its production in India through vendors and is expected to employ around 5 lakh employees from the country in the next three years, the sources from the government revealed on Sunday. The fresh plans around hiring will be a significant boost from the current level of 1.5 lakh Apple employees in India, …

Apple shows the way for electronics exports
8 months, 1 week ago

Apple shows the way for electronics exports

Hindustan Times  

At $10 billion in FY24, exports of India-assembled iPhones have doubled from the previous fiscal. While the iPhone instance is evidence of policies such as the PLI for smartphones working, India must do more to convince the world that it has the makings of a preferred China+1 destination for electronics exports. At present, the world may seem more inclined towards …

Rising Bharat Summit 2024: India to Have First Semiconductor Chip by December This Year, Says IT Minister Ashwini Vaishnaw
9 months ago

Rising Bharat Summit 2024: India to Have First Semiconductor Chip by December This Year, Says IT Minister Ashwini Vaishnaw

News 18  

Union Minister for Communications and Electronics & IT, Ashwini Vaishnaw, on Tuesday confirmed India’s forthcoming milestone in the semiconductor industry. Speaking at CNN-News18’s Rising Bharat Summit 2024, Vaishnaw declared that by December 2024, India will witness the launch of its first indigenous semiconductor chip. By drawing parallels between these developments and India’s manufacturing landscape, Vaishnaw debunked notions of mere assembling …

India's chip ambitions are about to get larger
9 months, 1 week ago

India's chip ambitions are about to get larger

Live Mint  

New Delhi: The government plans to boost chip sector incentives from the current ₹76,000 crore, as it expects a mushrooming of chip fabs and testing units in the country in the years ahead. India will emerge as one of the top five semiconductor ecosystems in world in the coming five years, IT minister Ashwini Vaishnaw said in an interview. “In …

Every big chip player to re-work investment plan for India: Minister Vaishnaw
9 months, 2 weeks ago

Every big chip player to re-work investment plan for India: Minister Vaishnaw

The Hindu  

India has set its sights on becoming a formidable force in global semiconductor equation, rivalling known destinations like Taiwan and South Korea in next 5 years, Union Minister Ashwini Vaishnaw has said asserting that if and when mindset of global players has changed to an eagerness to invest in the country. This means, practically every big player would now like …

‘Entry in chip will de-risk global supply chains’
9 months, 3 weeks ago

‘Entry in chip will de-risk global supply chains’

New Indian Express  

NEW DELHI: India’s entry into the semiconductor manufacturing will significantly de-risk global supply chains and will make the country a very important player in globally, said N Chandrasekaran, Chairman, Tata Sons. “Tata Group has a tradition of pioneering many sectors in the country, and we are confident that our entry in semiconductor fabrication will add to this legacy,” said Chandrasekharan. …

‘Domestic value addition in electronics manufacturing can reach 30% soon’
9 months, 3 weeks ago

‘Domestic value addition in electronics manufacturing can reach 30% soon’

Live Mint  

New Delhi: Domestic electronics manufacturing is likely to see a ramp up of local value addition, in terms of components being made locally—instead of only the final product being assembled here. “It’s important to understand that even China’s domestic value addition in manufacturing is around 45%, because even China imports nearly all of its semiconductors for mobile manufacturing. On Monday, …

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar
10 months ago

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar

India TV News  

India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar. Reflecting on India's semiconductor journey, Chandrasekhar highlighted the strides made since 2014, particularly after the launch of the semiconductor programme in January 2020. Chandrasekhar highlighted India's …

Lenovo mulls making servers in India
10 months, 2 weeks ago

Lenovo mulls making servers in India

Live Mint  

New Delhi: Lenovo plans to ramp up local manufacturing in India, which it considers its top-priority market globally. The Chinese company, which makes laptops, tablets, servers and smartphones—under the Motorola brand—is evaluating manufacturing of servers in India as it looks to take advantage of the production-linked incentive scheme for IT hardware amid regulatory clampdown in the US. The Chinese technology …

Interim Budget 2024: Here's how government can boost domestic manufacturing
10 months, 3 weeks ago

Interim Budget 2024: Here's how government can boost domestic manufacturing

India Today  

The countdown to the Interim Budget 2024-25 has begun, and leaders from various sectors are voicing their hopes and expectations, particularly centered around strengthening domestic manufacturing. Ashok Rajpal, Managing Director of Ambrane India, highlighted the positive impact of Production-Linked Incentive schemes and manufacturing incentives on the consumer electronics industry. “The PLI schemes and various manufacturing incentives have already proven instrumental …

India developing very strong semi-conductor industry; first made-in-India chip in December: Ashwini Vaishnaw
11 months ago

India developing very strong semi-conductor industry; first made-in-India chip in December: Ashwini Vaishnaw

The Hindu  

The first made-in-India chip will be out by December, Union Minister Ashwini Vaishnaw said in Davos, crediting Prime Minister Narendra Modi for developing a very strong semi-conductor industry in the country in a short span of time with focus on the entire ecosystem. Speaking to PTI at the World Economic Forum Annual Meeting 2024, the Minister said PM Modi launched …

Dixon Technologies: Preparing to ride a second growth wave
1 year ago

Dixon Technologies: Preparing to ride a second growth wave

Live Mint  

For Dixon Technologies, the latest edition of the government’s production-linked incentive scheme is expected to be a significant shot in the arm, especially considering how India’s largest home-grown electronics manufacturer capitalised on the earlier version. Dixon Technologies serves as a contract manufacturer for a wide range of products–including LED TVs, lighting products, semi-automatic washing machines, and mobile phones–for leading brands. …

Thomson Affordable Laptop Manufacturing India Sahasra Group PLI 2.0
1 year ago

Thomson Affordable Laptop Manufacturing India Sahasra Group PLI 2.0

ABP News  

India's production-linked incentive scheme for IT hardware manufacturing has just received a new boost as Sahasra Group, a newly approved government beneficiary based in Noida in Uttar Pradesh has secured its first order to produce laptops for the French electronics brand Thomson locally, the media has reported. To recall, homegrown contract manufacturer Dixon Technologies was exploring producing laptops within the …

Boost for Make in India: GoI approves subsidies for Foxconn, Lenovo, other hardware firms under PLI scheme
1 year, 1 month ago

Boost for Make in India: GoI approves subsidies for Foxconn, Lenovo, other hardware firms under PLI scheme

Firstpost  

The new subsidies will directly create at least 50,000 jobs and indirectly, about 150,000 more jobs. The approved companies include Dell, HP, and Asus In a strategic move to enhance domestic manufacturing and position itself as a key player in the global electronics supply chain, India has sanctioned subsidies for some of the world’s leading tech hardware companies. Four companies …

Chip off the block: The Hindu Editorial on semiconductor fabrication in India
1 year, 1 month ago

Chip off the block: The Hindu Editorial on semiconductor fabrication in India

The Hindu  

As funds for production-linked incentives for manufacturing semiconductors lie under-utilised by upwards of 80%, the Union government must be far clearer on what it has achieved — and aims to accomplish — by continuing to spend crores of rupees on bringing more semiconductor fabrication capabilities to India. But the central wager with these schemes, at much cost to the exchequer, …

Intel to Make in India, announces collaboration with local manufacturers to make laptops
1 year, 1 month ago

Intel to Make in India, announces collaboration with local manufacturers to make laptops

Firstpost  

Intel is partnering up with several Electronics Manufacturing Services companies and Original Design Manufacturers to boost the laptop manufacturing industry in India. Intel will share its technological insights and operational guidance, for the local manufacturing sector Intel, a global technology giant, has unveiled a strategic partnership with eight prominent Electronics Manufacturing Services companies and Original Design Manufacturers to expedite laptop …

Intel collaborates with EMS and ODMs to accelerate laptop manufacturing in India
1 year, 1 month ago

Intel collaborates with EMS and ODMs to accelerate laptop manufacturing in India

The Hindu  

Intel is partnering with eight prominent Electronics Manufacturing Services companies and Original Design Manufacturers to fast-track laptop manufacturing in India. The participating companies include Bhagwati Products Ltd, Dixon Technologies India Ltd, Kaynes Technology India Ltd, Optiemus Electronics Ltd, Panache Digilife Ltd, Smile Electronics Ltd, Syrma SGS Technology Ltd, and VVDN Technologies Private Ltd. “The collaboration between Intel and the Indian …

India emerges as second-largest global hub for mobile phone manufacturing
1 year, 2 months ago

India emerges as second-largest global hub for mobile phone manufacturing

India TV News  

India has risen to become the world's second-largest manufacturing hub for mobile phones, largely attributed to significant investments from original equipment manufacturers, original design manufacturers, and companies specializing in mobile components and parts, according to a recent report. This development is a significant boost to India's "Make in India" initiative, with recent data from government and industry sources revealing mobile …

Over 30 companies may qualify for IT hardware PLI scheme: Report
1 year, 2 months ago

Over 30 companies may qualify for IT hardware PLI scheme: Report

Live Mint  

Over 30 companies are expected to qualify for ₹17,000 crore production linked incentive scheme for IT hardware manufacturing, said a report by news agency PTI citing a government official. Among the domestic companies, Padget, VVDN, Netweb, Syrma, Optiemus, Sahasra, Neolync, Panache, Sojo, and Kaynes Technologies had applied for the PLI scheme. In the first year of the PLI scheme almost …

What will enable Intel to build a ‘fab’ in India?
1 year, 3 months ago

What will enable Intel to build a ‘fab’ in India?

The Hindu  

For India to attract semiconductor fabrication and microprocessor packaging industries into the country, government subsidy is only the first step, according to Christoph Schell, Chief Commercial Officer at Intel. While hinting that India did not currently have the requisite factors in place, Mr Schell said: “I think that over time India will be a very interesting location.” Interacting with journalists …

Make in India: Dell, HP, Foxconn, and others in line for state aid in production
1 year, 3 months ago

Make in India: Dell, HP, Foxconn, and others in line for state aid in production

Live Mint  

Amid central government's push to make a manufacturing hub for the world, its financial incentive plan to boost local production is receiving good response. Indian Premier Narendra Modi’s $2.1 billion financial incentive plan — a bid to boost local production of technology hardware such as laptops, personal computers, tablets and servers — has received an overwhelming industry response, Tech Minister …

Thirty-two firms express interest in IT hardware PLI: Minister
1 year, 3 months ago

Thirty-two firms express interest in IT hardware PLI: Minister

The Hindu  

Thirty-two firms have expressed interest in the Ministry of Electronics and Information Technology’s subsidies for local laptop, PC, server and tablet assembly, IT Minister Ashwini Vaishnaw said on Wednesday. Under the Production Linked Incentive scheme for IT hardware, the Union Government will provide a 5% incentive to brands on fresh local production of these IT products to give firms a …

India’s move to boost PC manufacturing, and the sluggish shipments speed bump
1 year, 4 months ago

India’s move to boost PC manufacturing, and the sluggish shipments speed bump

Hindustan Times  

There can always, as it should, be a debate about how policies are introduced and implemented. Yet, the very reason behind the government of India’s temporarily delayed move to restrict computing device imports, which would include PCs, laptops and tablets, shouldn’t get obscured. “The policy announcement is designed to boost Make in India, and especially, the PLI Scheme 2.0 for …

Govt Open To Giving More Time To Global Firms For Local Manufacturing Of Laptops, PCs: Report
1 year, 4 months ago

Govt Open To Giving More Time To Global Firms For Local Manufacturing Of Laptops, PCs: Report

ABP News  

In a bid to encourage Apple, HP, Dell and other global companies, the government is ready to extend the timeline needed to set up local manufacturing facilities in the country, the media has reported. This comes days after the government imposed restrictions on the import of laptops, tablets, servers and other Personal Computers, in an attempt to give a push …

Mobile manufacturing exceeds 2 billion units through 'Make in India' initiative: Report
1 year, 4 months ago

Mobile manufacturing exceeds 2 billion units through 'Make in India' initiative: Report

India TV News  

'Make in India' mobile phone shipments crossed the 2-billion cumulative units mark during 2014-2022, registering a 23 per cent Compound annual growth rate, the latest research showed on Monday. "Local value addition in India currently stands at an average of more than 15 per cent, compared to the low single digits eight years ago," he informed. "Going forward, we may …

India’s Laptop Import Restrictions Could Expand To Cameras And Printers
1 year, 4 months ago

India’s Laptop Import Restrictions Could Expand To Cameras And Printers

News 18  

The Indian government could bring cameras and printers to its import restriction policy in the coming months. Earlier this month, the government announced import restrictions on laptops and tablets but new reports suggest that more items could be added to the list, posing further issues for manufacturers who get their products imported from other markets. Bringing camera and printer brands …

Government tells IT firms seeking deferral of import licensing regime to submit local production plan
1 year, 4 months ago

Government tells IT firms seeking deferral of import licensing regime to submit local production plan

The Hindu  

The Centre has countered the IT hardware industry’s request to defer the new import licensing norms by 9-12 months, asking the players to submit a plan to ramp up domestic production in phases. Domestic players that The Hindu Businessline spoke with said that the Centre expects hardware companies to value-add in the local manufacturing of computers and other devices by …

DC Edit | Will Indian tech giants step up?
1 year, 4 months ago

DC Edit | Will Indian tech giants step up?

Deccan Chronicle  

After India boosted its mobile phone manufacturing through a carrot-and-stick policy, involving production-linked sops and import restrictions, the Narendra Modi-led government has announced restrictions on the import of laptops, tablets and some types of computers, citing security reasons. India has imported personal computers, including laptops worth $5.33 billion in 2022-23, as against $7.37 billion in 2021-22, while the overall electronics …

Indian government announces restrictions on the import of laptops, PC and more gadgets: Details
1 year, 4 months ago

Indian government announces restrictions on the import of laptops, PC and more gadgets: Details

India TV News  

The Indian government announced restrictions on the import of laptops, personal computers, and other electronic items. The India Cellular and Electronics Association expressed confidence that valid licenses will be provided to trusted industry partners to facilitate ease of doing business. Mr Pankaj Mohindroo, Chairman of, India Cellular and Electronics Association said, “This policy announcement seems to be based on the …

PM Modi wants India to become a hub of semiconductor industry
1 year, 4 months ago

PM Modi wants India to become a hub of semiconductor industry

The Hindu  

Prime Minister Narendra Modi on July 28 said India would emerge as a global hub of semiconductor and chip-making industry, as he made a strong pitch to global investors, while inaugurating the ‘Semicon India 2023’ conclave in Gujarat. “India understands that semiconductors are not just a national need but a necessity for the world,” Mr. Modi said, adding that attracting …

Modi govt's red carpet for semiconductor industries, offers 50% financial assistance to technology firms
1 year, 4 months ago

Modi govt's red carpet for semiconductor industries, offers 50% financial assistance to technology firms

India TV News  

Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country. Addressing the Semicon India 2023 conference in Gandhinagar, PM Modi said that his government has rolled out the red carpet for semiconductor industries. India’s continuously growing startup ecosystem will …

Our PLI schemes are in need of a coherent trade policy
1 year, 6 months ago

Our PLI schemes are in need of a coherent trade policy

Live Mint  

The recent spat between former Reserve Bank of India governor Raghuram Rajan and electronics and information technology minister Ashwini Vaishnaw over the former’s criticism of the production-linked incentive scheme for semiconductors and other manufacturing sectors is part of an ongoing debate on India’s manufacturing policies. Indeed, India’s attempts at kick-starting large-scale ICT manufacturing ignores the uncomfortable realities of GVCs, which …

After Apple, now Google wants to make smartphones in India
1 year, 6 months ago

After Apple, now Google wants to make smartphones in India

India Today  

Google reportedly wants to produce Pixel smartphones in India. As reported by Bloomberg, Google's move seems to be linked to production-linked incentives that India wants to offer international tech giants to manufacture smartphones in the country. The report highlights that Google is already in talks with Foxconn Technology Group's Indian unit Bharat FIH as well as homegrown manufacturers such as …

Apple Likely To Shift 18 Per Cent Of iPhone Production In India By FY25: Bank Of America
1 year, 6 months ago

Apple Likely To Shift 18 Per Cent Of iPhone Production In India By FY25: Bank Of America

ABP News  

US tech giant Apple may shift over 18 per cent of its global production of iPhones to India by 2024-25 on the back of the government’s production-linked incentive scheme for mobile phones, Bank of America said in a report. India's share in global iPhone production in FY23 stood at 7 per cent. According to the BoFA report the Rs 38,000-crore …

IT Minister Ashwini Vaishnaw hits out at Raghuram Rajan’s semiconductor scepticism
1 year, 6 months ago

IT Minister Ashwini Vaishnaw hits out at Raghuram Rajan’s semiconductor scepticism

The Hindu  

June 02, 2023 10:45 pm | Updated June 03, 2023 01:06 am IST - NEW DELHI Union Minister for Railways, Communications, and Electronics and Information Technology Ashwini Vaishnaw on Friday hit out at former Reserve Bank of India Governor Raghuram G. Rajan for expressing scepticism over the outcome of the government’s Production-Linked Incentive scheme for semiconductor manufacturing. “What Raghuram Rajan …

From mobile phones to chips, India manufacturing enters golden era
1 year, 6 months ago

From mobile phones to chips, India manufacturing enters golden era

India TV News  

In 2018, South Korean giant Samsung inaugurated the world's largest mobile factory in India. The 35-acre facility at Sector 81 in Noida, Uttar Pradesh, saw Prime Minister Narendra Modi and South Korean President Moon Jae-in officially inaugurating it together -- placing the country firmly on the global manufacturing map. Vedanta and Foxconn signed a Memorandum of Understanding with the Gujarat …

Discover Related