June 15, 2023
Via: Business Facilities MagazineEnzene Biosciences, Ltd., a global biotech company based in Pune, India, will invest $50 million to open a state-of-the-art biopharmaceutical manufacturing plant in New Jersey. Operations in the new facility, located on the Princeton West Innovation Campus in Hopewell, are […]
May 4, 2023
Via: The Wall Street JournalApple reported its second straight quarter of declining revenue but said iPhone sales surged due to strong demand in emerging markets, a sign of resilience as the tech giant continues to face economic uncertainty. This is the third time in […]
January 5, 2023
Via: Phys.orgThe government has approved $2.3 billion to support production, use and exports of green hydrogen, aiming to make India a global hub for the nascent industry. The funding, announced late Wednesday, i s a first step toward establishing the capacity […]
June 7, 2022
Via: Manufacturing TomorrowMitsubishi Electric Corporation announced today that it will invest approximately 2.2 billion Indian rupees, or 3.1 billion yen, in its subsidiary Mitsubishi Electric India Pvt. Ltd. to establish a new factory in India. Expected to start operations in December 2023, […]
Industry Focus Areas, Motorized Vehicle
May 31, 2022
Via: The Wall Street JournalTesla Inc. TSLA +0.31% might drive away from India, and the country has only itself to blame. On Friday, Tesla Chief Executive Elon Musk tweeted that his company wouldn’t put a manufacturing plant anywhere it isn’t first allowed to sell […]
December 30, 2021
Via: Electronics WeeklyOne of the companies said to be preparing to apply for government incentives to set up IC manufacturing in India is Intel, reports The India Express. It is being said that the proposed plant would be aimed at the 18A […]
Industry Focus Areas, Medical, Process, Production
September 10, 2021
Via: The Wall Street JournalFord Motor Co. ’s decision to stop making cars in India deals a blow to Prime Minister Narendra Modi’s domestic manufacturing drive while highlighting the difficulty foreign auto makers have gaining a foothold in the market. On Thursday, Ford said […]
Industry Focus Areas, Motorized Vehicle
December 16, 2020
Via: Automotive NewsFiat Chrysler Automobiles plans to spend $150 million to set up a global technology center in the southern Indian city of Hyderabad. The center will create nearly 1,000 jobs by the end of 2021 and will focus on development for […]
Industry Focus Areas, Motorized Vehicle, Regulations
August 21, 2019
Via: ReutersNew Delhi (Reuters) – The Indian government has not set a deadline to launch electric vehicles or to ban manufacturing of petrol and diesel cars, a government official said on Wednesday. The Indian auto industry has been caught in the […]
Industry Focus Areas, Motorized Vehicle
July 24, 2019
Via: ReutersBENGALURU (Reuters) – Ride hailing company Uber Technologies Inc and Bengaluru-based start-up Sun Mobility said on Wednesday they will partner to offer commuters in India electric auto-rickshaws in the coming months, amid a push by policymakers to encourage the use […]
February 14, 2019
Via: ReutersThe South Korean giant will unveil one smartphone from the Galaxy A series every month beginning in March, through June, Ranjivjit Singh, Samsung India’s chief marketing officer, told Reuters in a telephone interview. The phones, targeted at millennials, will be […]
January 25, 2019
Via: ReutersThe Indian Cellular and Electronics Association (ICEA), whose members include some of the industry’s biggest names including Apple Inc, made the proposals in a 174-page document reviewed by Reuters and submitted to the government ahead of its annual budget announcement […]
November 29, 2018
Via: Manufacturing GlobalThe firm is planning to open 1,000 retail stores across India by 2020 in order to push its smartphone, Huawei Mate 20 Pro. Wally Yang, Senior Product Marketing Director, Huawei Consumer Business Group, said: “Numbers is not a very big […]
November 6, 2018
Via: Manufacturing GlobalFord has reduced its manufacturing costs by 40% through its initiative called the Emerging Market Operating Model (EMOM) and has started to develop an increased number of vehicles locally to transition from its “One Ford” plan. Anurag Mehrotra, managing director […]
November 5, 2018
Via: Manufacturing GlobalWith a forecast of $1bn by 2020, the firm has brought out products such as a gaming headset, portable speakers, sound bars, portable CD players, packet radios and wired and wireless headphones. The joint venture with TeknoDome has seen the […]
Industry Focus Areas, Motorized Vehicle, Regulations
September 7, 2018
Via: ReutersNEW DELHI (Reuters) – India will soon launch a new policy to boost the production and use of electric and alternate fuels-driven vehicles, Prime Minister Narendra Modi said on Friday, as the world’s third biggest oil consumer tries to cut […]
July 9, 2018
Via: ReutersMUMBAI (Reuters) – Samsung Electronics on Monday announced the opening of what it said is the world’s biggest mobile phone manufacturing facility as the South Korean tech group seeks to expand production in the world’s fastest growing major mobile phone […]
Aerospace & Defense, Industry Focus Areas
March 14, 2018
Via: Manufacturing GlobalThe US-based aircraft manufacturer, Boeing, has announced it partnership with TAL Manufacturing Solutions, a subsidiary of Indian-based Tata Group. The two firms signed a co tract on 14 March to produce advanced composite floor beams for Beoing 787-9/10 Dreamliner models. […]
February 17, 2017
Via: ReutersApple Inc will in the coming months start assembling its lower-priced iPhone SE models at a contract manufacturer’s plant in the southern Indian technology hub of Bengaluru, an industry source with direct knowledge of the matter said on Friday. Apple’s […]