India aiming to catch up in semiconductor manufacturing, potentially giving a big boost to the industry The Indian government, in a bid to accelerate semiconductor manufacturing and compensate for lost time, is gearing up to announce a substantial new incentive…

Pegatron in discussions with Tata to sell its iPhone plant in India: Sources Pegatron is in advanced negotiations to transfer control of its sole iPhone manufacturing facility in India to the Tata Group, according to two sources familiar with the…

Deep Tech Policy nearing end of consultation, to be released soon Rajesh Kumar Singh, secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), stated at the Startup Mahakumbh that the Indian government is nearing completion on a…

Sales of IT hardware may decline as government expenditure is cut The government will cut back on IT procurement spending in the wake of the upcoming general elections, which will affect sales of laptops, desktops, and other IT hardware in the…

Panel to examine quarterly incentives, inclusion of more auto components under PLI An official stated that vehicle manufacturers’ proposals for further components to be added to the production-linked incentive (PLI) scheme and quarterly incentive payouts would be taken into consideration…

India’s chip strategy progresses with proposals worth $21 billion Following years of observation, the Indian government is now required to assess $21 billion in semiconductor proposals and allocate taxpayer funds among global chipmakers, domestic winners, or a mix of the two.…

Tata Group approaches Taiwan over its goal to produce chips in Dholera, Gujarat According to reports, the Tata Group is looking into joint ventures with UMC Group and Powerchip Semiconductor Manufacturing Corporation, two Taiwanese chipmakers, for its projected chip manufacturing facility…

Two major PC makers intend to establish manufacturing unit in India Acer and Asustek, two of the top PC makers in the world that are based in Taiwan, have said that they intend to expand their production in India. This change in…

Tata, Pegatron in partnership talks for iPhone assembly According to reports, Tata Group is in advanced discussions with Taiwan’s Pegatron, opening a new chapter in the partnership to manage the iPhone assembly factory that the Indian company is developing in…

Young Liu, the CEO of Foxconn, honored with Padma Bhushan The government of India announced on the occasion of the 75th Republic Day that Young Liu, the Chairman and CEO of Foxconn, a company based in Taiwan, will be receiving India’s…