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
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
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…
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…
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…
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.…
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…
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…
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…
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…