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India's smartphone exports crossed Rs 20K crore mark in November, jumped almost 100% in a year
1 week, 1 day ago

India's smartphone exports crossed Rs 20K crore mark in November, jumped almost 100% in a year

Firstpost  

India’s smartphone PLI scheme has been a game-changer, transforming the sector from the country’s 23rd-ranked export in 2019 to the third-largest individual commodity export today Apple emerged as the frontrunner in November, with exports worth Rs 14,000 crore, the highest ever for the company in India. Image Credit: Reuters India’s smartphone exports have reached an unprecedented milestone, crossing the Rs …

India Samsung Electronics Smartphone Exports Crore Sector
Dixon Technologies stock hits record high, soars 200% since February in bullish streak
1 week, 4 days ago

Dixon Technologies stock hits record high, soars 200% since February in bullish streak

Live Mint  

Extending their winning streak for the fourth consecutive trading session on December 13, shares of Dixon Technologies surged by another 2%, crossing the ₹18,000 mark for the first time and hitting a fresh record high of ₹18,034 per share. The IT hardware business is expected to be a significant growth driver, as the top four global brands are in a …

India Growth Manufacturing Pli Dixon Pat Ems
Building on the revival of the manufacturing sector
2 weeks, 4 days ago

Building on the revival of the manufacturing sector

The Hindu  

India’s journey to becoming a global manufacturing hub has gained momentum with the government’s strategic policy initiatives, particularly the Production Linked Incentive scheme. The results of the ASI 2022-23 show a healthy double-digit expansion in the growth rate of manufacturing sector output — at 21.5% — despite a high base of 2021-22 which saw a sharp rebound as the economy …

India Growth Manufacturing Value Sector Scheme Pli
Time for India to ring fence its chip talent from Chinese poaching
3 weeks, 3 days ago

Time for India to ring fence its chip talent from Chinese poaching

Firstpost  

Though India’s strengths in the sector are nowhere near that of China’s, the Chinese objective will be to surround India and simply shove it out of any serious heft in global semiconductor supply chains One of Sun Tzu’s finest dicta is that “the supreme art of war is to subdue the enemy without fighting”. India’s planned revival of the SCL …

India China Japan Intellectual Property Supply Indian Industrial
India-made iPhones breach $10 billion milestone, reveals IT Minister Ashwini Vaishnaw
3 weeks, 6 days ago

India-made iPhones breach $10 billion milestone, reveals IT Minister Ashwini Vaishnaw

Firstpost  

The PLI scheme continues to play a pivotal role in attracting global tech giants like Apple to India, bolstering the country’s position as a key player in the global electronics manufacturing ecosystem Apple’s expansion in India shows no signs of slowing down. Image Credit: Firstpost | Mehul Reuben Das India’s iPhone production has hit a remarkable milestone, surpassing $10 billion …

India Manufacturing Crore Billion Cent Vaishnaw Pli
Bulk drug makers to benefit from price stability but need to improve efficiency to compete with Chinese rivals: Experts
1 month ago

Bulk drug makers to benefit from price stability but need to improve efficiency to compete with Chinese rivals: Experts

Live Mint  

Mumbai: Softening prices of active pharmaceutical ingredients are likely to stabilise in the months ahead and bring relief to Indian manufacturers, but they will still have to improve their operational efficiency to compete against Chinese rivals, industry executives and analysts said. API prices have been falling for the past 12-15 months, driven mainly by sharp price cuts by Chinese companies, …

India China Drugs Indian Prices Price Pharma
Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS
5 months, 1 week ago

Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS

India TV News  

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget next week, the private space sector has outlined several key expectations. "More money for space-related acquisitions, tax holidays, import holidays, and PLI scheme for space," Pixxel Space co-founder and CEO Awais Ahmed told the media when asked about his wishlist for the budget. "ISpA calls for a commitment from …

Industry Tax Pti Sector Bhatt Space Budget
Demographic dividend and labour reforms will drive future growth: MoL&E Secretary Dawra
5 months, 2 weeks ago

Demographic dividend and labour reforms will drive future growth: MoL&E Secretary Dawra

Deccan Chronicle  

Hyderabad: Ministry of Labour & Employment Secretary Sumita Dawra participated in an industry interaction organised by Confederation of Indian Industry and the Employers’ Federation of India here. In her inaugural address, Dawra highlighted India’s fast growth rates, and emphasized that India's demographic dividend and labour reforms are pivotal to driving future growth, alongside other growth engines of manufacturing, expansion of …

India Employment Industry Labour Reforms Pli Epfo
India's electronics sector loses ₹1.25 lakh crore due to India-China tensions
6 months, 1 week ago

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions

Hindustan Times  

Escalating tensions with China are said to have cost Indian electronics manufacturers $15 billion in production losses as well as 100,000 jobs in the past four years, the Economic Times reported. In submissions to various ministries, the electronics manufacturing industry said India has also lost out on a $10 billion export opportunity besides $2 billion in value addition loss, according …

India China Industry Manufacturing Indian Electronics Executives
Stock market today:Gensol Engineering shares jump 8% after winning PLI bid
10 months, 1 week ago

Stock market today:Gensol Engineering shares jump 8% after winning PLI bid

Live Mint  

Stock market today: Despite heavy selling in mid-cap and small-cap stocks, Gensol Engineering shares witnessed strong buying interest on Monday. The company informed Indian stock market exchanges about winning the PLI bid under the auspices of the Sustainable Hydrogen Innovation & Green Hydrogen Technologies program. Gensol Engineering news Gensol Engineering Ltd informed Indian bourses about the development saying, "Pursuant to …

India Stock Market Engineering Green Green Hydrogen Pli Hydrogen
Apple warns India's EU-style charger rules will hit local production target
1 year ago

Apple warns India's EU-style charger rules will hit local production target

Live Mint  

NEW DELHI : Apple has told India that its local production targets will be hit if New Delhi follows the European Union and requires existing iPhones to have universal charging ports, a government document shows as the US tech giant lobbies for an exemption or delay. In a closed-door meeting on November 28 chaired by India's IT ministry, Apple asked …

India Apple Production Models Iphone Pli Iphones
Pharma Star: India Steering Global Supply Chain Away from China - News18
1 year ago

Pharma Star: India Steering Global Supply Chain Away from China - News18

News 18  

India’s pharmaceutical industry is at a pivotal juncture. With its well-established prowess in generic drug manufacturing, it has been called on by the world to build a reliable base for the manufacture of raw materials, which offers an opportunity for India to attract the bulk of the pharmaceutical supply chains away from China. “India has started producing 45 APIs after …

India China Industry Manufacturing Indian Materials Star
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 …

India China Tech Manufacturing Indian Companies Foxconn
Tata set to make iPhones in India
1 year, 1 month ago

Tata set to make iPhones in India

Hindustan Times  

Tata Electronics will become the first Indian company to make the Apple’s iPhones in the country, minister of state for electronics and IT Rajeev Chandrasekhar said citing a statement from Taiwan-based Wistron, whose board on Friday approved a stake sale to the Tata group. Thank you, Wistron for your contributions, and great going for Apple in building a global supply …

India Indian Electronics Satellite Vaishnaw Pli Tata
India’s manufacturers cash in as brands seek refuge from US-China tensions
1 year, 3 months ago

India’s manufacturers cash in as brands seek refuge from US-China tensions

Al Jazeera  

Indian firms are capitalising on a push by leading brands to diversify their suppliers away from China. Dixon is among the many Indian firms capitalising on Prime Minister Narendra Modi’s bid to boost manufacturing in the country as global brands look to diversify their suppliers away from China amid political uncertainty and tensions between Washington and Beijing. “There’s a lot …

India China Manufacturing Indian Pli Firms Dixon
Will price of MacBooks increase after October 31 due to govt laptop import ban? It seems likely
1 year, 3 months ago

Will price of MacBooks increase after October 31 due to govt laptop import ban? It seems likely

India Today  

Did you hear something about Indian banning laptop imports with immediate effect? But then seeing how it would have led to a price jump in laptops sold by companies like Apple, Dell, Samsung, Asus, Lenovo and others, the Indian government extended the date for compliance. It became October 31, and in the meantime, the government asked laptop companies to explore …

India Indian Samsung Apple Companies Laptops Laptop
How India Hopes to Export Vande Bharat Trains by 2026 With Railways' PLI Scheme for Wheels & Brakes
1 year, 4 months ago

How India Hopes to Export Vande Bharat Trains by 2026 With Railways' PLI Scheme for Wheels & Brakes

News 18  

A new Production Linked Incentive scheme is in the pipeline to boost domestic manufacturing of wheels, brakes, and transmission systems for Linke Hofmann Busch and Vande Bharat train sets in India, said Railways officials, adding that they are aiming to sell the indigenous semi-high-speed trains to countries around the world, especially in Europe, South America and East Asia, by 2025-26. …

India Trains Indian Railways Railways Factory Indian Railway
Top Tech News June 20 Google Pixel Manufacturing India Apple Production Piyush Goyal WhatsApp Silence Incoming Calls Unknown Numbers
1 year, 6 months ago

Top Tech News June 20 Google Pixel Manufacturing India Apple Production Piyush Goyal WhatsApp Silence Incoming Calls Unknown Numbers

ABP News  

Google's Made-In-India Pixel Phones Seems like Google is following Apple's footsteps as the subsidiary of tech behemoth Alphabet Inc., is looking to establish partnerships with Indian suppliers for the local manufacturing of its Pixel smartphones. Apple's India Production Expected To Increase To 25 Per Cent The manufacturing of Apple iPhones in India is expected to increase to 25 per cent, …

India Indian Google Cent Pli Whatsapp Iphones
Cabinet approves ₹17,000 crore PLI scheme for IT hardware
1 year, 7 months ago

Cabinet approves ₹17,000 crore PLI scheme for IT hardware

Hindustan Times  

The Union Cabinet on Wednesday approved the second phase of the Production Linked Incentive or PLI scheme for IT hardware, in order to accelerate domestic manufacturing of hi-tech electronics, building on efforts that catapulted India to become the second-largest mobile phone manufacturer in the world. “This scheme will boost employment, strengthen our eco-system for innovation and lead to greater investments.” …

India Manufacturing Indian Electronics Production Hardware Crore
Indian economy likely to grow at 6.5 per cent in coming decade, predicts CEA
1 year, 8 months ago

Indian economy likely to grow at 6.5 per cent in coming decade, predicts CEA

Live Mint  

Chief Economic Advisor V Anantha Nageswaran on Wednesday said that the Indian Economy is likely to grow at the rate of 6.5 per cent in the coming decade on the back of the turnaround in financial and investment cycle. "So, I think the restoration of the financial, credit and the investment cycle in the commercial sector and the real estate …

India Energy Growth Economic Growth Economic Transition Energy Transition
Indian telecom operators surpass 3-year 5G rollout target in six months
1 year, 9 months ago

Indian telecom operators surpass 3-year 5G rollout target in six months

The Hindu  

Indian telecom operators have surpassed the three-year 5G network rollout target given to them within six months and now the government is making efforts to enhance adoption of 5G applications across various key segments, a senior government official said here. I'm glad to say that in the first six months of 5G rollout, they have surpassed all the targets that …

India World Telecom Indian Rao Pli Six Months
Budget 2023-24 Expectation: Lithium-ion battery sector hopes for 5% GST cut from 18% on battery packs and cells
1 year, 10 months ago

Budget 2023-24 Expectation: Lithium-ion battery sector hopes for 5% GST cut from 18% on battery packs and cells

Firstpost  

Since the electric vehicle industry is one of the major consumers of Li-ion batteries, both the EV and Li-ion battery manufacturing ecosystems are interrelated to a great extent in India The lithium-ion battery manufacturing industry is one of the prominent commercial industries in India. Future opportunities for sector Future opportunities for India’s lithium-ion battery market are likely to arise from …

India Market Industry Budget Manufacturing Indian Battery
Budget 2023: An Opportunity To Push India's Pharma Industry Development
1 year, 10 months ago

Budget 2023: An Opportunity To Push India's Pharma Industry Development

News 18  

The Union Budget 2023-24 will be presented on February 1 against the backdrop of a global recessionary fear. Several public sector schemes launched in the past few years, including the Pradhan Mantri Ayushman Bharat Health Infrastructure Mission, have focused on building last-mile infrastructure. Outlining the wishlist for the sector in the upcoming Union Budget, Indian Pharmaceutical Alliance Secretary General Sudarshan …

Health India Healthcare Industry Budget Indian Pharma
Indian Space Association demands for PLI inclusion, GST, Angel tax exemptions
1 year, 11 months ago

Indian Space Association demands for PLI inclusion, GST, Angel tax exemptions

The Hindu  

Indian Space Association has demanded the union government bring the space sector under Production Linked Incentive Scheme. Among other pre-budget recommendations, it also asked for GST exemption for private satellite launch service providers and also sought exemption from Angel Tax. The PLI scheme would promote space-related research and development in the country and also facilitate incentives to entities engaged in …

Space Pli Indian Space Association