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India To Be Production Hub For Emerging Markets For Hyundai: Unsoo Kim
Hyundai, the country's second-largest carmaker, has drawn up ambitious expansion plans for making India a production hub that will also cater to the rising export demand for its vehicles in the emerging mark
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India To Become Next Chip Manufacturing Hub: Ashwini Vaishnaw
Union Minister for Electronics and IT Ashwini Vaishnaw has said that India is moving towards becoming the next semiconductor hub for the world as big investment is happening in this sector in the country.
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India's Manufacturing Incentives Progress Amid Efforts to Cut China Imports
Since 2020, India's cash incentives to boost domestic manufacturing have attracted over $17 billion (roughly Rs. 1,42,279 crore) of investment. The scheme, which offers four to six percent cash incentives on incremental sales to manufacturers, was launched across 14 sectors including electronics, pharmaceuticals, textiles and white goods.
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India Is Becoming Manufacturing Hub Of The World: Ashwini Vaishnaw
The minister highlighted that while most of Europe still relies on 3G and 4G networks, India has already implemented 5G as early as 2022.
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"In 5 Years, We Will...": Congress Chief's Big Promise For 'Make In India'
Mallikarjun Kharge, the president of the Indian National Congress today said that his party resolves to make the country a manufacturing hub by raising the share of manufacturing from 14% to 20% of GDP in the next five years.
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IT Ministry Wants to Match China, beat Vietnam in Smartphone Exports Race, Documents Show
The government must "act fast" to lure global companies with lower tariffs and risks losing out to China and Vietnam as it seeks to become a major smartphone export hub according to Minister of State for Electronics and IT Rajeev Chandrasekhar. The government is attracting several companies such as Apple, Foxconn and Samsung to manufacture their de...
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India Cuts Import Tax On Smartphone Parts: Will Handset Prices Drop?
In a bid to strengthen its position as a global smartphone manufacturing hub, India has reduced import duty on key components used in mobile phone production.
-
Government Cuts Import Duty on Some Phone Parts to 10 Percent in Boost for Apple, Xiaomi
Indian government has cut the import duty on some parts used in making mobile phones to 10 percent from 15 percent, a move benefiting companies like Apple and Xiaomi that manufacture in Asia's third-largest economy.
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India To Be 3rd Largest Economy By 2030, May Become Global Manufacturing Hub: S&P
S&P Global Ratings today said India will be the world's third-largest economy by 2030, but a major test for the country would be to unlock the 'immense opportunity' and become the next big global manufacturing hub.
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Indian Exporters Monitoring Respiratory Illness In China, Could Impact Trade
They said that the present situation is not alarming but if the illness spreads to other parts of the globe, it will have an impact on world trade as China is a hub of global manufacturing and exports.
-
Apple Starts Selling Assembled in India iPhone 15 Models on Launch Day for First Time
Apple started shipping the iPhone 15 series earlier today and devices assembled in India are available to customers in the country on the first day of sale simultaneously with the China-made handsets. Multiple customers including celebrities like R Madhavan took to X to share a picture of their India-made iPhone 15 model.
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India, Thailand Emerge as Asia's Semiconductor Manufacturing Hubs Amid US-China Chip War: Report
India and Thailand have engaged in a full-fledged race for semiconductor--manufacturing investment to win a spot on Asia's chipmaking map, Nikkei Asia reported. As China and US are engaged in the chip war, India has come out as an alternative option and is also exploring every opportunity to be recognized as a major player in the supply chain.
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"Will Make India Manufacturing Hub": Industry Hails Curb On Laptop Imports
Industry leaders have hailed the restrictions imposed on the import of laptops, tablets and other IT hardware into the country.
-
'Talent, Pure Water, Stable Power': Minister On Why Micron Chose India
Not just jobs, but the start of an ecosystem to support manufacturing of semiconductor chips - this is how the setting up of a Micron facility at Gujarat will pave the way for India becoming a semiconductor manufacturing hub, the minister said
-
Government to Start Electronics Repair Pilot Project; Will Test Easing Rules to Lure Manufacturers
India will start a pilot project this week to establish itself as an electronics repair hub by relaxing cumbersome import-export rules, a move that could draw tech majors such as Flex to expand such operations in the country.
-
India To Be Production Hub For Emerging Markets For Hyundai: Unsoo Kim
Hyundai, the country's second-largest carmaker, has drawn up ambitious expansion plans for making India a production hub that will also cater to the rising export demand for its vehicles in the emerging mark
-
India To Become Next Chip Manufacturing Hub: Ashwini Vaishnaw
Union Minister for Electronics and IT Ashwini Vaishnaw has said that India is moving towards becoming the next semiconductor hub for the world as big investment is happening in this sector in the country.
-
India's Manufacturing Incentives Progress Amid Efforts to Cut China Imports
Since 2020, India's cash incentives to boost domestic manufacturing have attracted over $17 billion (roughly Rs. 1,42,279 crore) of investment. The scheme, which offers four to six percent cash incentives on incremental sales to manufacturers, was launched across 14 sectors including electronics, pharmaceuticals, textiles and white goods.
-
India Is Becoming Manufacturing Hub Of The World: Ashwini Vaishnaw
The minister highlighted that while most of Europe still relies on 3G and 4G networks, India has already implemented 5G as early as 2022.
-
"In 5 Years, We Will...": Congress Chief's Big Promise For 'Make In India'
Mallikarjun Kharge, the president of the Indian National Congress today said that his party resolves to make the country a manufacturing hub by raising the share of manufacturing from 14% to 20% of GDP in the next five years.
-
IT Ministry Wants to Match China, beat Vietnam in Smartphone Exports Race, Documents Show
The government must "act fast" to lure global companies with lower tariffs and risks losing out to China and Vietnam as it seeks to become a major smartphone export hub according to Minister of State for Electronics and IT Rajeev Chandrasekhar. The government is attracting several companies such as Apple, Foxconn and Samsung to manufacture their de...
-
India Cuts Import Tax On Smartphone Parts: Will Handset Prices Drop?
In a bid to strengthen its position as a global smartphone manufacturing hub, India has reduced import duty on key components used in mobile phone production.
-
Government Cuts Import Duty on Some Phone Parts to 10 Percent in Boost for Apple, Xiaomi
Indian government has cut the import duty on some parts used in making mobile phones to 10 percent from 15 percent, a move benefiting companies like Apple and Xiaomi that manufacture in Asia's third-largest economy.
-
India To Be 3rd Largest Economy By 2030, May Become Global Manufacturing Hub: S&P
S&P Global Ratings today said India will be the world's third-largest economy by 2030, but a major test for the country would be to unlock the 'immense opportunity' and become the next big global manufacturing hub.
-
Indian Exporters Monitoring Respiratory Illness In China, Could Impact Trade
They said that the present situation is not alarming but if the illness spreads to other parts of the globe, it will have an impact on world trade as China is a hub of global manufacturing and exports.
-
Apple Starts Selling Assembled in India iPhone 15 Models on Launch Day for First Time
Apple started shipping the iPhone 15 series earlier today and devices assembled in India are available to customers in the country on the first day of sale simultaneously with the China-made handsets. Multiple customers including celebrities like R Madhavan took to X to share a picture of their India-made iPhone 15 model.
-
India, Thailand Emerge as Asia's Semiconductor Manufacturing Hubs Amid US-China Chip War: Report
India and Thailand have engaged in a full-fledged race for semiconductor--manufacturing investment to win a spot on Asia's chipmaking map, Nikkei Asia reported. As China and US are engaged in the chip war, India has come out as an alternative option and is also exploring every opportunity to be recognized as a major player in the supply chain.
-
"Will Make India Manufacturing Hub": Industry Hails Curb On Laptop Imports
Industry leaders have hailed the restrictions imposed on the import of laptops, tablets and other IT hardware into the country.
-
'Talent, Pure Water, Stable Power': Minister On Why Micron Chose India
Not just jobs, but the start of an ecosystem to support manufacturing of semiconductor chips - this is how the setting up of a Micron facility at Gujarat will pave the way for India becoming a semiconductor manufacturing hub, the minister said
-
Government to Start Electronics Repair Pilot Project; Will Test Easing Rules to Lure Manufacturers
India will start a pilot project this week to establish itself as an electronics repair hub by relaxing cumbersome import-export rules, a move that could draw tech majors such as Flex to expand such operations in the country.
