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New Delhi: India’s primary vehicle research and testing body plans to expand facilities that are focused on so-called new energy vehicles, seeking to keep pace with the government’s rapidly accelerating green mobility drive. Localisation standards under the PM E-Drive scheme and its predecessors FAME 1 and FAME 2 were included in the government’s phased manufacturing programme, which lists auto components …

India plans to expand production-linked incentives for small textile firms: minister

By Manoj Kumar India plans to expand production-linked incentives for small textile firms: minister NEW DELHI - India plans to expand production linked incentives to small textile firms soon, part of efforts to increase garment exports to $50 billion by 2030, the federal textile minister said on Tuesday. The government introduced incentives for the textile sector in 2021, and has …

Apple and its ecosystem has directly created 1,50,000 jobs in India and an additional 3,00,000 jobs when we consider indirect jobs. As Apple plans to move half of its supply chain to India from China, Apple plans to create 5,00,000 direct jobs Apple, who have already created 1,50,00 direct jobs through its ecosystem, plans to employ about 5,00,000 people in …

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 …

Steel is one commodity that has held a top position among metals for a long time. In the last five years, the contribution of finished steel products to the revenue mix has gone up significantly. View Full Image EM Going forward, the company's expansion plans, and the government's infrastructure push are expected to drive revenue and profit growth. View Full …

Will WTO ruling impact Make-in-India plans?

Indian Govt Wants Apple To Make iPads And MacBook In The Country, Plans PLI Boost For Production

With the Indian solar power industry facing a supply crunch and the government’s plan to develop the domestic solar equipment industry, Nasdaq-listed ReNew Energy Global Plc plans to apply for the second tranche of the production linked incentive scheme for solar modules. In September, the union cabinet approved the second tranche of PLI scheme worth ₹19,500 crore for domestic manufacture …

Intel announced on March 15 that Germany will be the site of a massive chipmaking facility. In September last year, Intel CEO Pat Gelsinger revealed intentions to invest $88 billion in Europe over the next decade in order to enhance chip manufacturing capacity in the region. Intel’s Plans For India According to reports from last year, Intel expressed interest in …

Apple plans to manufacture iPad in India, seeks incentives

New Delhi: Apple Inc is angling to participate in a new scheme to boost India's exports of computer products, part of what government and industry sources say are plans to bring iPad tablet manufacturing to the South Asian country. India launched a $6.7 billion plan to boost smartphone exports last year, as Prime Minister Narendra Modi stepped up efforts to …

Tata Group Plans To Invest Rs 11,000 Cr For New Mobile Phone Manufacturing Plant In Tamil Nadu

The $113 billion Tata Group plans to invest over Rs 11,000 crore or $1.5 billion in setting up a mobile phone and component manufacturing plant in Tamil Nadu to take advantage of the government's production linked incentive scheme aimed at attracting investments for India, which would otherwise have gone to China.Tata's move will help India consolidate its position as original …

Samsung plans to produce mobile phones worth ₹3.7 tn in India over 5 years