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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…

Weekly News Updates: Feb. 15 to Feb. 21

Innolux to collaborate with India’s Vedanta on LCD technology Innolux disclosed to the public that it has signed an agreement to give India’s Vedanta access to its TFT LCD panel and module technologies.  The facility will be India’s first integrated flat panel display…

Weekly News Updates: Feb. 8 to Feb. 14

Online smartphone sales surpass offline figures for the first time in 2022 According to reports, sales of smartphones through online retailers like Amazon and Flipkart first surpassed those made through conventional stores in 2022. Since the start of the Covid-19…

Weekly News Updates: Feb. 1 to Feb. 7

India Budget 2023 highlights Numerous recommendations made in the Union Budget 2023–24 for the benefit of taxpayers came as a big comfort to India’s middle-class salaried population. The introduction of streamlined tax slabs and an increase in tax rebates was…

Weekly News Updates: Jan. 26 to Jan. 31

SpA partners US Consulate and IIT Madras to boost Indo-Pacific space ecosystem The Indian Space Association (ISpA) has said that it has partnered with IIT Madras and the US Consulate General Chennai to form a working group of associations of…

Weekly News Updates: Jan. 19 to Jan. 25

India Stack to offer digital public goods to seven nations: MoS IT Rajeev According to Rajeev Chandrashekhar, minister of state for electronics and information technology, as many as seven nations will sign up with India to use India Stack’s digital public goods.…