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Budget 2025: EV Battery Production Gets Boost, BCD Exemption On 35 Additional Goods
The Union Budget 2025 proposes measures to enhance local manufacturing of battery for electric vehicles.
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5 Things to Know About Key Technology-Related Announcements From the Union Budget 2025
Finance Minister Nirmala Sitharaman announced new measures as part of the Union Budget 2025, including expanded broadband for government schools, a boost for local manufacturing of components, and insurance for nearly 1 crore gig workers. Loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's U...
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Government Said to Plan Near $3 Billion Aid, Tariff Cuts for Electronics
India’s government is considering fresh subsidies for electronic component-makers and cutting tariffs on imports to help boost local manufacturing. A final decision on the proposals will be made by the cabinet, and if approved, details may be announced in the government’s upcoming budget in February, people familiar with the matter said.
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Indonesia Expects $1 Billion Investment Commitment From Apple in a Week
Indonesia's investment minister has announced that the country anticipates a $1 billion investment pledge from Apple within a week. The announcement follows the ban on iPhone 16 sales in the country due to non-compliance with local regulations. While Apple lacks manufacturing facilities in Indonesia, it has established application developer academi...
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Government Said to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the US automaker backed off from those plans earlier this year.
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Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
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After iPhone 16, Indonesia Bans Sale Of Google Smartphones
Indonesia said it has banned sales of smartphones made by Alphabet's Google due to rules requiring the use of locally manufactured components.
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India Said to Be Planning Laptop Import Curbs to Boost Local Manufacturing
India is expected to limit imports of laptops, tablets and personal computers after January. The aim is to reshape the dynamics of the IT hardware market in India, which is heavily reliant on imports.
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Government Asks Companies to Seek New Approvals for Laptop Imports in 2025
The Indian government has said that laptop importers would be required to apply for fresh authorisations for the period from 01.01.2025 subject to detailed guidance to be provided shortly.
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CCI Accuses Samsung, Xiaomi of Colluding With Amazon and Flipkart
Samsung, Xiaomi and other smartphone manufacturers have been accused of colluding with Amazon and Walmart's Flipkart for exclusive product launches on their Indian e-commerce platforms, violating antitrust laws, as per regulatory reports from the Competition Commission of India. The involvement of smartphone manufacturers such as Samsung and Xiaomi...
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"When Chips Are Down, Bet On India": PM Modi's Big Semiconductor Push
In a big push for local semiconductor manufacturing, Prime Minister Narendra Modi today said India provides an integrated ecosystem for chip companies and the world can bet on the country.
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Centre Approves Acquisitions Worth Rs 1.45 Lakh Crore Including Futuristic Tank
In a huge boost to local defence manufacturing, the Centre on Tuesday approved 10 capital acquisition proposals amounting to Rs 1,44,716 crore, including for the modernisation of the Indian Army's tank fleet with a futuristic Main Battle Tank.
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Thales Inks Pact With Adani Defence To Manufacture 70mm Rockets In India
In a major fillip to the government's local manufacturing push, Adani Defence & Aerospace - the defence arm of the Adani Group - has signed an agreement with the Thales Group to manufacture 70mm rockets in India.
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Asus Still at Learning Stage for Manufacturing in India: Peter Chang
On the back of the Indian government’s revamped production-linked incentive (PLI) scheme promising an outlay of Rs. 17,000 crore for IT hardware, Asus set up a new manufacturing unit in Chennai last year. It’s early days, but Asus aims to ramp up local production in the coming years.
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Minda Corp, HCMF Sign Joint Venture, To Locally Manufacture Sunroofs In India
With evolving consumer preferences and premiumisation, the market for sunroofs in India is expected to grow significantly.
-
Budget 2025: EV Battery Production Gets Boost, BCD Exemption On 35 Additional Goods
The Union Budget 2025 proposes measures to enhance local manufacturing of battery for electric vehicles.
-
5 Things to Know About Key Technology-Related Announcements From the Union Budget 2025
Finance Minister Nirmala Sitharaman announced new measures as part of the Union Budget 2025, including expanded broadband for government schools, a boost for local manufacturing of components, and insurance for nearly 1 crore gig workers. Loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's U...
-
Government Said to Plan Near $3 Billion Aid, Tariff Cuts for Electronics
India’s government is considering fresh subsidies for electronic component-makers and cutting tariffs on imports to help boost local manufacturing. A final decision on the proposals will be made by the cabinet, and if approved, details may be announced in the government’s upcoming budget in February, people familiar with the matter said.
-
Indonesia Expects $1 Billion Investment Commitment From Apple in a Week
Indonesia's investment minister has announced that the country anticipates a $1 billion investment pledge from Apple within a week. The announcement follows the ban on iPhone 16 sales in the country due to non-compliance with local regulations. While Apple lacks manufacturing facilities in Indonesia, it has established application developer academi...
-
Government Said to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the US automaker backed off from those plans earlier this year.
-
Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
-
After iPhone 16, Indonesia Bans Sale Of Google Smartphones
Indonesia said it has banned sales of smartphones made by Alphabet's Google due to rules requiring the use of locally manufactured components.
-
India Said to Be Planning Laptop Import Curbs to Boost Local Manufacturing
India is expected to limit imports of laptops, tablets and personal computers after January. The aim is to reshape the dynamics of the IT hardware market in India, which is heavily reliant on imports.
-
Government Asks Companies to Seek New Approvals for Laptop Imports in 2025
The Indian government has said that laptop importers would be required to apply for fresh authorisations for the period from 01.01.2025 subject to detailed guidance to be provided shortly.
-
CCI Accuses Samsung, Xiaomi of Colluding With Amazon and Flipkart
Samsung, Xiaomi and other smartphone manufacturers have been accused of colluding with Amazon and Walmart's Flipkart for exclusive product launches on their Indian e-commerce platforms, violating antitrust laws, as per regulatory reports from the Competition Commission of India. The involvement of smartphone manufacturers such as Samsung and Xiaomi...
-
"When Chips Are Down, Bet On India": PM Modi's Big Semiconductor Push
In a big push for local semiconductor manufacturing, Prime Minister Narendra Modi today said India provides an integrated ecosystem for chip companies and the world can bet on the country.
-
Centre Approves Acquisitions Worth Rs 1.45 Lakh Crore Including Futuristic Tank
In a huge boost to local defence manufacturing, the Centre on Tuesday approved 10 capital acquisition proposals amounting to Rs 1,44,716 crore, including for the modernisation of the Indian Army's tank fleet with a futuristic Main Battle Tank.
-
Thales Inks Pact With Adani Defence To Manufacture 70mm Rockets In India
In a major fillip to the government's local manufacturing push, Adani Defence & Aerospace - the defence arm of the Adani Group - has signed an agreement with the Thales Group to manufacture 70mm rockets in India.
-
Asus Still at Learning Stage for Manufacturing in India: Peter Chang
On the back of the Indian government’s revamped production-linked incentive (PLI) scheme promising an outlay of Rs. 17,000 crore for IT hardware, Asus set up a new manufacturing unit in Chennai last year. It’s early days, but Asus aims to ramp up local production in the coming years.
-
Minda Corp, HCMF Sign Joint Venture, To Locally Manufacture Sunroofs In India
With evolving consumer preferences and premiumisation, the market for sunroofs in India is expected to grow significantly.
