India considering a five-year tax cut on EV imports to woo Tesla India is contemplating of cutting import taxes on fully built electric vehicle units for a maximum of five years in an effort to lure companies like Tesla Inc. to…

About 110 applications cleared by the government to import laptops and other IT hardware On the first day of the new system’s implementation, 110 out of the 111 applications—including those from Apple, Dell, and Lenovo—that requested authorization for the importing…

Telecom gear demand to surge in 24–25: Nokia Although the 5G network has been fully implemented by Indian telecom providers, a top company official at Nokia predicted that there will be a significant demand for equipment in 2024–2025. At the…

NITI Aayog developing a strategy to reduce supply chain reliance on China India is developing a strategy to reduce its dependency on Chinese supply chains. The NITI Aayog is developing a plan to close the trade gap with China and offers recommendations…

Tech talent acquisition at a new phase: Taiwanese tech giants turn to India A severe lack of skilled workers has impacted Taiwan’s tech industry. Nine Taiwanese companies, including Hon Hai Precision Industry Co., United Microelectronics Corp., Acer Inc., and Powertech Technology…

Amazon seeks approval from the regulator for satcom services in India Amazon seeks approval from the Indian National Space Promotion and Authorization Centre (IN-SPACe) to enter India’s satcom market. According to a report from ET, Amazon’s satellite communications unit, Project…

Taiwan, India to sign pact on migration According to a report on September 27, Taiwan and India are considering a deal to make it easier for Indian employees to migrate to Taiwan in order to ease the labour shortage in…

Global hardware companies intensify discussions with local companies to manufacture under PLI According to a report by The Economic Times, leading global hardware brands, including Asus India, Acer India, HP, and Lenovo, are in talks with local companies that have…

Colt DCS to invest $1.3 billion in India A significant global provider of data centres, Colt Data Centre Services (DCS), is preparing a USD 1.3 billion investment in India. With investment plans stretched over the following three to four years, it…

IT hardware companies may need to register for imports in FY24 The Indian government has informed IT hardware manufacturers that it is considering an import registration system without quotas or licensing requirements at least for this fiscal year. The decision will…