India leads the world in digital payments; Government approves Rs 89,047 crore revival plan for BSNL; Agreement for US-India collaboration in the defense industry; India's forex reserves recover after a two-week decline; SIDBI and NITI Aayog launch the EVOLVE mission; UAE becomes the fourth-largest investor in India; Technical Director for Odisha Semiconductor Project appointed
Apple iPhone exports to India hit a new high; Trade between Taiwan and India to reach $13 billion; Indian delegation in Taiwan to woo Foxconn for EV manufacturing; Targeting a 20–25% of Indian GDP for technology by 2025–2026; Vedanta Group To Leverage Startups' Tech Under Pact With Meity-Nasscom CoE; Indian startups raise $174 million this week
India's GDP increased by 6.1%; WhatsApp bans more than 70 lakh accounts in India; MeitY launches the ERSO pilot project; Samsung may lose PLI benefits; Modi's chip- making plan suffers setback; Tatas commit more than Rs 7,600 crore to the electronics industry; Foxconn to produce iPhones in Bengaluru by April 2024; Manufacturing PMI hits 31-month high; Decrease in foreign investments in India's startup ecosystem
The Indian government has announced PLI 2.0 for IT Hardware, focusing on laptops, tablets, all-in-one PCs, servers, and Ultra Small Form Factor. A total budget of INR 17,000 Crore (approx. NTD 63.3 billion) has been allocated for this PLI. If…
Tesla plans to build EV facility in India; India to deny funding for the Vedanta-Foxconn chip venture; MeitY invites applications for incentives under PLI 2.0 for IT hardware; The world's fastest 5G rollout now in India; India to postpone its appeal of the EU's ICT dispute in the WTO; New Parliament Building inaugurated; Chandrayaan-3 to be launched in July; BlackRock reduces the value of BYJU
IT hardware market to grow 2.5 times; Centre approves the updated PLI plan; Wistron departs the Indian Apple business; Center intends to regulate AI platforms; Taiwan conducts its first Mandarin TOCFL test in India; India’s PC Market Declined by 30.1% YoY; 27% of Indian businesses are confident they are ready for ESG; 2000 Rs notes to be discontinued; No TCS on debit card, credit card forex payments of up to Rs 7 lakh
Foxconn to invest $500 million in Telangana Foxconn (2317.TW), a supplier to Apple Inc (AAPL.O), will invest $500 million to build manufacturing facilities in the Telangana state of southern India, the state’s IT minister announced on Monday. In the first phase,…
India's exports to reach $900 billion in the coming year; Campus-wide Wi-SUN FAN 1.1 network for Smart City Apps launched; India's rating remains at "BBB-" from Fitch; India renews call for chipmakers; Government’s support of startups in India; Government likely to expand the PLI scheme for IT hardware
Manharsinh L. Yadav to be India's new representative in Taiwan; Wistron to discontinue operations in India; Govt incentives decide India's future growth of EV adoption; GST revenue for April 2023 at a record high; Centre to extend the deadline for the Smart Cities Mission; First Draft Of Digital India Act To Be Released; Hydrogen Valley project design launched; ED raid at Byju’s
Foxconn to expand its Chennai iPhone unit; Standards and testing for EV charging infrastructure released; Rajesh Kumar Singh appointed as DPIIT secretary; 20% YoY decrease in handset production; Space policy sets out roles of pvt, govt entities; Expansion of Scientific & Industrial R&D in Quantum Technology; Tamil Nadu halts a law that will increase production hours