Weekly News Updates-India Apr 12 to Apr 18, 2023

India's global computer services exports increased; Electronics exports surpass garments in India; Google withdraws SC appeal of the NCLAT; Vedanta Foxconn jv aims to generate sales by FY27; India voices strong opinions about importing Russian oil; Pou Chen Group from Taiwan to invest $280 million in India

2023 InnoVEX STARTUP GALAXY

2023 InnoVEX STARTUP GALAXY Annual startup event InnoVEX 2023 will be held in Nangang Exhibition Center II from 30 May 2023 to 2 June 2023. SMEA of MOEA (Small and Medium Enterprise Administration, Ministry of Economic Affairs) is going to…

Weekly News Updates-India Apr 5 to Apr 11, 2023

Transmission fee waiver for the green hydrogen plants; Apple’s first India offline retail store to open in Mumbai; India's industrial output increased by 5.6% in February; VCs more cautious, go slow on startup deals; FDI in space sector is allowed up to 100% in the area of Satellites; New Digital Personal Data Protection Bill to be Introduced

Weekly News Updates: Mar. 29 to Apr. 4

Visit to India by a Taiwanese corporate delegation to explore electronics, telecom, software, and ICT A 10-member Taiwanese business delegation from Taiwan recently traveled to India to look into potential partnerships in the fields of electronics, telecommunication, and information technology as well…

Weekly News Updates: Mar. 22 to Mar. 28

Mission Bharat 6G: PM Modi launches testbed Prime Minister Narendra Modi unveiled India’s 6G initiative, which aims to concentrate efforts on building next-generation technologies in India. As a part of this initiative, a 6G testbed project has been introduced to…

Weekly News Updates: Mar. 15 to Mar. 21

Foxconn receives government approval for phone manufacturing unit in Bengaluru The Foxconn plans to invest Rs 8,000 crore in building a mobile phone manufacturing facility close to Bengaluru. The project the government claims will generate 50,000 employment, was approved by…

Weekly News Updates: Mar. 8 to Mar. 14

Government approves smartphone PLI incentives worth Rs. 765 crore Under the production-linked incentive (PLI) scheme, the government has approved a further round of financial incentives totaling Rs. 765 crore for large-scale electronics production, with Wistron, Apple’s contract manufacturer, receiving the majority.…

Weekly News Updates: Mar. 1 to Mar. 7

Fintechs Paytm, PhonePe, and Google Pay keen on D2C brand advertising revenues Direct-to-consumer (D2C) firms are increasingly using fintech and payments platforms, such as Paytm, Google Pay, and Walmart-owned PhonePe, to advertise and attract new customers. Due to the fact that these…

Weekly News Updates: Feb. 22 to Feb. 28

Up to two chip manufacturing units to receive government approval this year: Rajeev Chandrasekhar  Rajeev Chandrasekhar, minister of state for electronics and Technology, stated that government will soon approve two of the five applications received for setting up semiconductor manufacturing facilities with…