News Muncher - searching for shift

1 year, 4 months ago

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

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 …

India China Research Manufacturing Imports Million Devices

1 year, 6 months ago

Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025

Firstpost

It seems that Apple wants to place some big bets on its Indian factories, and the local, Indian companies that it has partnered up with. The tech giant wants to increase India’s share in the global production of iPhones from 7% to 18% by 2025 Apple is really pushing to increase its organic presence in India. Apple recognises India’s emerging …

India Delhi Mumbai Tech Indian Production Cent

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 …

India Mobile Phones Mobile Apple Production Phones Report

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 …

India Manufacturing Indian Electronics Hardware Vaishnaw Pli

1 year, 11 months ago

Healthy economic growth of India, more FDI equity inflow in 2023, say experts

Live Mint

Despite the Russia-Ukraine war, US monetary policy, and other global uncertainties, the Indian economy is projected to remain healthy. India may attract the eyes of overseas investors in 2023 as well on account of measures such as the rollout of the production-linked incentive schemes and the projection of healthy economic growth. As per the latest figures of the government, India …

Pli Fdi Healthy India

3 years, 2 months ago

Despite Galwan, India’s trade with China has grown. But there is a shift

Hindustan Times

New Delhi : Notwithstanding the ongoing border dispute with China, and efforts to dilute economic linkages and reduce dependence, India’s merchandise trade with China is growing and may cross the $100 billion mark this year. While Indian exports to China have seen an 18.54% year-on-year growth at $10.66 billion in April-August 2021, imports of Chinese goods have surged by over …

China Trade Products Indian Imports Raw Materials New Delhi

3 years, 6 months ago

Amitabh Kant Writes: Luna to E-Scooters, India Set to Lead Shift to Zero-emission Modes of Commute

News 18

Chetak, Spectra, Bullet, Yezdi, Luna, Rajdoot—these names have been an integral part of Indian households for decades. The recent announcement by Ola to inaugurate the world’s largest e-scooter manufacturing facility in Krishnagiri district of Tamil Nadu aptly resonates with India’s sentiment towards two-wheelers over the years. Two-wheelers and three-wheelers are going to be the torchbearers of early-stage electric vehicle adoption …

India Delhi Mobility Public Transport Indian Electric Vehicles Fame

3 years, 6 months ago

Future of mobility is shared, connected and electric; India is well-positioned to lead shift

Firstpost

The recent remodelling of FAME II coupled with the PLI scheme will provide a strong impetus to unlock a future of clean mobility, and enrich India’s transportation system Chetak, Spectra, Bullet, Yezdi, Luna, Rajdoot – these names have been an integral part of Indian households for decades. The recent announcement by Ola to inaugurate the world’s largest e-scooter manufacturing facility …

Delhi Public Transport Cities Electric Vehicles Fame Recent Pli

4 years, 2 months ago

Phased manufacturing policy that is hardly smart

The Hindu

Last week, the Ministry of Electronics and Information Technology said it had approved 16 firms in the mobile manufacturing sector for the Production Linked Incentive scheme to transform India into a major mobile manufacturing hub. Focus on value of production The new PLI policy offers an incentive subject to thresholds of incremental investment and sales of manufactured goods; these thresholds …

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